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The Muslim wealth tax Zakat is the best blueprint for making Western societies fairer ǀ View

By Adeem Younis

This week sees 1.8 billion Muslims celebrate the “Festival of Sacrifice,” or Eid Al-Adha. But the idea of sacrificing one’s hard earned money is a year-round activity for Muslims, who are the world’s most giving faith community when it comes to charity and philanthropy. 838 kata lagi

Europe

Kisah Ismail

“…ceritakanlah  kisah Ismail (yang tersebut) di dalam Al Quran. Sesungguhnya ia adalah seorang yang benar janjinya, dan dia adalah seorang rasul dan nabi. Dan ia menyuruh ahlinya  untuk bersembahyang dan menunaikan zakat, dan ia adalah seorang yang diridhai di sisi Tuhannya…”

19. 54 – 55

Islam

And with the grace of the Almighty, within few decades of this incident, those poor and hungry followers of Muhammad (s) were indeed presiding over a huge Caliphate stretching from Rome to Persia after successfully subduing some of the mightiest empires of the world and effectively dismantling and replacing the rule of monarchy, hereditary succession and autocracy with the rule of Islam that favoured the have-nots.

9 kata lagi
Zakat

Importance of Zakat

The literal meaning of Zakat is to grow (in goodness) or increase, purify, or make pure. So the act of giving Zakat means purifying one’s wealth to gain Allah’s blessings. 509 kata lagi

Zakat on Pension Fund Withdrawal?

Question:

How do I calculate my pension fund withdrawal? Should I calculate 2.5% on my withdrawal amount or should I work out the zakaah on each year going back. 168 kata lagi

Zakat

Who is eligible for Zakat?

Zakat is an Arabic word which
means alms-giving which is treated in Islam as a religious obligation or tax.
By Quranic ranking Zakat is next after prayer in importance. 529 kata lagi

Islamic View on Scarcity of Resources

Maher Kababji

Socialists claim that economic problems arise from the extraction of surplus value by the Capitalists in the production process. On the other hand, Capitalists urge that scarcity of resources is the basic economic problem which restricts output growth because wants are innumerable, but the resources for satisfying those wants are limited. 410 kata lagi

Articles On Islamic Economics