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Bayt al-mal (بيت المال) is an Arabic term that is translated as "House of money" or "House of wealth". Historically, it was a financial institution responsible for the administration of taxes in Islamic states, particularly in the early Islamic Caliphate. [1]
The Pakistan Bait-ul-Mal operates twelve Sweet Homes that function as both residences and schools for orphans. These facilities are situated in Attock, Kohat, Mansehra, Mardan, and Swat in Khyber Pakhtunkhwa; Dipalpur, Gujrat, and Sargodha in Punjab; Karachi and Nawabshah in Sindh; Quetta and Zhob in Balochistan, Pakistan.
Zakat (or Zakāh) is one of the five pillars of Islam. Zakat is the Arabic word for "Giving to Charity" or "Giving to the Needy". [a] [3] Zakat is a form of almsgiving, often collected by the Muslim Ummah. [1] It is considered in Islam a religious obligation, [4] [5] and by Quranic ranking, is next after prayer in importance. [6]
Islamic economics grew naturally from the Islamic revival and political Islam whose adherents considered Islam to be a complete system of life in all its aspects, rather than a spiritual formula [86] and believed that it logically followed that Islam must have an economic system, unique from and superior to non-Islamic economic systems.
Islam's most sacred book, the Qur'an, describes true followers of its prophet as "hard against disbelievers and merciful among themselves" (Qur'an 48:29). However, as seen in modern discuss, Muslims believe that regardless of a neighbor 's religious identity, Islam tells the Muslims to treat their neighboring people in the best possible manners ...
This article includes a list of successive Islamic states and Muslim dynasties beginning with the time of the Islamic prophet Muhammad (570–632 CE) and the early Muslim conquests that spread Islam outside of the Arabian Peninsula, and continuing through to the present day. [citation needed]
Although Islam does not recognize any castes (only socio-economic classes), [9] existing divisions in Persia and India were adopted by local Muslim societies. Evidence of social stratification exists in later Persian works such as Nizam al-Mulk's 11th-century Siyasatnama, Nasir al-Din al-Tusi's 13th-century Akhlaq-i Nasiri, and the 17th-century Jam-i-Mufidi.
In Malaysia, Pendidikan Moral (Malay for "Moral Studies") is one of the core subjects in the Sijil Pelajaran Malaysia (SPM) examination. It is a required subject for all non-Muslim students in the public education system in Malaysia. Muslim students are required to take the Islamic Studies (Malay: Pendidikan Islam) course.