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  2. Calculation of Zakāt - Wikipedia

    en.wikipedia.org/wiki/Calculation_of_Zakāt

    Zakat can be calculated on property, gold, income, diamond, etc. and before paying zakat, It is important to see who are eligible for zakat. [27] The gold considered in determining the Zakat threshold is 24 karats because 21, 18, and other karats are not pure gold; they are mixed with other metals and alloys.

  3. Zakat - Wikipedia

    en.wikipedia.org/wiki/Zakat

    A considerable number of Muslims accept their duty to pay zakat, but deny that the state has a right to levy it, and they may pay zakat voluntarily while evading official collection. [84] In discretion-based systems of collection, studies suggest zakat is collected from and paid only by a fraction of Muslim population who can pay. [18]

  4. Zakat al-Fitr - Wikipedia

    en.wikipedia.org/wiki/Zakat_al-Fitr

    Sadaqat al-Fitr is a duty which is considered wajib (required) of every Muslim, whether male or female, minor or adult as long as they have the means to do so.. According to Islamic tradition (), Ibn 'Umar said that the Islamic Prophet Muhammad made Zakat al-Fitr compulsory on every slave, freeman, male, female, young and old among the Muslims; one Saa` of dried dates or one Saa` of barley.

  5. Islamic taxes - Wikipedia

    en.wikipedia.org/wiki/Islamic_taxes

    Outlined in this verse are the 8 categories where Zakat is eligible. [ 2 ] jizya - a per capita yearly tax historically levied by Islamic states on certain non-Muslim subjects— dhimmis —permanently residing in Muslim lands under Islamic law , the tax excluded the poor, women, children and the elderly.

  6. Which Bills Should You Pay Yearly Instead of Monthly? - AOL

    www.aol.com/finance/bills-pay-yearly-instead...

    Many people pay their bills on a monthly basis. However, some service providers and insurance companies offer bill payers the chance to make up-front payments. If you have the opportunity to do so,...

  7. Nisab - Wikipedia

    en.wikipedia.org/wiki/Nisab

    The Hanafi school is unique in extending zakat to horses under certain conditions. When it is applicable, there is no nisab and one mithqal is to be paid for each horse. [9] Someone who owns fewer animals than the above nisab is not obliged to pay zakat. Also, the nisab of one kind of animals is not to be mixed with another.

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