Islamic Finance: Zakat - a religious duty relating to one's wealth In this blessed month of Ramadan, most Muslims give zakat which is a mandatory charity. In today's column we will examine the ...

Zakat Affairs Department at the Ministry of Endowments (Awqaf) and Islamic Affairs has announced that it will embark on providing a ...

An ISIS clerk makes payments to families of dead jihadists using U.S. currency in early 2016. (ISIS image) Although zakat is considered an obligation like prayer, the majority of predominantly Muslim ...

Learn all about the Muslim equivalent of Christian tithing. I Inemesit Udodiong Follow A lot of people do not realise that Muslims have theirs too, and its called the Zakat. What exactly is this? It ...

(The Conversation) — Muslims see wealth as a gift and a divine dispensation. The Quran urges individuals to share their wealth and income with those of lesser means. Almsgiving is one of the five ...

Representatives from Lembaga Zakat Selangor (LZS), Malaysia Digital Economy Corporation (MDEC), and Masverse Sdn. Bhd. during the e-Wakalah Blockchain Proof-of-Concept official kickoff session, ...

The month of Ramzan, which began on March 1, is a period of prayers, dawn-to-dusk fasting, and charity. Charity, or zakat, is one of the fundamental pillars of Islam. Every financially independent ...

DOHA: The Zakat Affairs Department of the Ministry of Awqaf and Islamic Affairs announced the distribution of QR18,829,696 in financial aid during ...

18 April 2008 Dubai - The recent government decision to impose compulsory zakat payment by Islamic banks and Islamic Financial Institutions (IFIs) to the Zakat Fund, a centralised agency, would amount ...