Zakat is mentioned in holy books of the Islam which is namely Quran as well as Hadith. There are around 30 verses in the Quran that have talked about the Zakat and if we go by Quran Zakat is a way of the redistribution of the wealth therefore creating a proper balance in economy by helping dispossessed as well as Poor Muslims through the Islam Charities.
2. • The important part of the Islamic history is Zakat,
which has undergone through so many changes over
the passing years and first person to actually
contribute to the change is known as Caliph Abu Bakr
and the main aim of the change were to make sure
that every Muslim man, woman and child get
standard income of minimum 10 Dirhams.
3. • Zakat is mentioned in holy books of the Islam which
is namely Quran as well as Hadith. There are around
30 verses in the Quran that have talked about the
Zakat and if we go by Quran Zakat is a way of the
redistribution of the wealth therefore creating a
proper balance in economy by helping dispossessed
as well as Poor Muslims through the Islam Charities.
4. • The modifications were
done by the Umar ibn al-
Khattab and the Uthman ibn
Affan that said only the
apparent wealth was
considered as taxable.
However this practice was
actually short lived but in
current times, amount of the
Zakat online paid per year
is said nearly to be around
15 times of the global
Humanitarian contributions.
