Islamic Taxes: Zakat

Date:

Zakat is a mandatory donation of a portion of a Muslim’s wealth to charity, and is one of the five pillars of Islam. Zakat is an Arabic word that means “giving to charity” or “giving to the needy”. It is a religious obligation for Muslims who meet certain criteria.

Hit Subscribe for all things tax, finance, and wealth management every week!

Juris Hour Team
Juris Hour Team
Juris Hour is an online news portal for reporting accurate and honest news, articles, judgments, Circulars, orders and notifications related to legal developments. We use the tagline ‘Proficiency At Your Doorstep’. Our mission is to simplify and communicate various legal developments in various spheres like civil, criminal, taxation, etc. and make people aware of their rights and duties in order to empower them to contribute in nation-building.Juris Hour is a team of young professionals turned legal journalists who are guided by the values enshrined in the Preamble of the Constitution of India and want to create more legal awareness in society by acting as a tool to aid legal reforms by offering a space for constructive criticism of the judiciary.

Share post:

Popular

More like this
Related