The Impact Of Zakat On Social Life Of Muslim Society. The payment of zakat is not only mandatory and obligatory but as an institution and system zakat is an important source of the stability of the society. Among its impacts are the following:
Reflections on Zakat, the Third Pillar of Islam | About Islam from aboutislam.net Zakat is defined as a compulsory alms paid by rich muslims upon acquiring a certain amount of wealth called nisab, given to particular category of people called asnaf. It put an end to some things such as 'profit, rent, ownership and inheritance'. Among its impacts are the following:
Jan 31, 2018 · importance of zakat in islam:
Strive for excellence this ramadan. Why is zakat important to the muslim society? Circulation of wealth zakat keeps wealth in circulation and thus it benefits the whole society. Furthermore, it neglected the principles of social justice.
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