SlideShare a Scribd company logo
1 of 13
Zakat vs Taxes
Team members:
 Mohamed Mostafa Kadous
 Ali Nageh Ali Atallah
 Keriya Arsany
Supervised by / Prof Abdelrahman Youssri
Zakat vs Taxes (outline)
1. Definition of taxes and zakat and their
types
2. Why do we pay zakat and taxes?
3. Were taxes existed in Islamic Era?
4. How taxes entered Muslim countries?
5. Deference between Zakat and Taxes?
6. How can we apply zakat in present days?
-Taxes is compulsory
contributions imposed on
individuals or corporations by a
government entity.
-Tax revenues finance
government activities.
What is Taxes?
Importance of taxes in Secular Economics
 Funding
public
goods
and
services
 Building
Infrastru
Types of Taxes:
 Income tax
 Payroll tax
 Corporate tax
 Sales tax
 Property tax
 Tariff
 Estate tax
What is Zakat?
-Concept of compulsory charity in Islam
-The word ‘zakat’ comes from the Arabic ‘to purify’, Allah)SWT)
says in the Quran: “take from their wealth so that you might purify
and sanctify them” (9:103)
-Zakat is a right which the poor have over the wealthy; it is the duty of every wealthy
Muslim to fulfil this responsibility to those who are less fortunate
-Uses in the past
-All Zakat is spent on projects which are within the Zakat eligible categories
Who can receive Zakat?
1. Al-Fuqara (The poor)
2. Al-Masakin (The needy)
3. Zakat collectors
4. Who converted to Islam
5. Freeing captives
6. Debtors
7. In the path of Allah
8. Wayfarer (Travelers)
Did taxes exist in Islamic era?
Yes,
Taxes were imposed in the Islamic
state, and it dealt with non-Muslims,
and the situation was not as prevalent
as it is now in secular countries
For example, jizya is a compensation
for the security and protection that the
non-Muslims have in the Islamic state
without fighting for the defense of the
country.
How taxes entered Muslim countries?
Through secular legislations which
have endorsed the Western definition
of taxes system.
These legislations were opened during
the era of Western colonial rule to the
Islamic world.
Difference between zakat and taxes?
 Zakat is related to religious, and tax is
related to government. In no way Zakat
and tax can go together; they are
different in many respects. While zakat
has a religious sanctity, tax is not like
that.
vs
• Tax collection
• Zakat if it is fixed
• Sources
• Conditions
How can taxes be replaced by zakat?
 Islamic governments must
consider the application of Islamic
law seriously, and then educate
people about the principles of
Islamic law.
 Secondly, applying them
gradually, and because of that,
secular laws will be replaced by
Islamic ones, and the current tax
system will be replaced by zakat.
Thank
you!

More Related Content

What's hot

Zakah (alms tax)
Zakah (alms tax)Zakah (alms tax)
Zakah (alms tax)
janojanjan
 
Zakat presentation english
Zakat presentation englishZakat presentation english
Zakat presentation english
Hikmot Salako
 

What's hot (20)

Zakat
ZakatZakat
Zakat
 
Economic system Capitalism Vs Islam
Economic system  Capitalism Vs IslamEconomic system  Capitalism Vs Islam
Economic system Capitalism Vs Islam
 
Method of hajj
Method of hajj Method of hajj
Method of hajj
 
Zakah (alms tax)
Zakah (alms tax)Zakah (alms tax)
Zakah (alms tax)
 
Zakat
ZakatZakat
Zakat
 
Zakat Administration & Tax Planning - Islamic Financial Planning (IFP) by dr ...
Zakat Administration & Tax Planning - Islamic Financial Planning (IFP) by dr ...Zakat Administration & Tax Planning - Islamic Financial Planning (IFP) by dr ...
Zakat Administration & Tax Planning - Islamic Financial Planning (IFP) by dr ...
 
sikkim and nepal in hindi
sikkim and nepal in hindisikkim and nepal in hindi
sikkim and nepal in hindi
 
W2 ppt defining islamic economics
W2 ppt defining islamic economicsW2 ppt defining islamic economics
W2 ppt defining islamic economics
 
Zakat presentation english
Zakat presentation englishZakat presentation english
Zakat presentation english
 
What is Shari’ah?
What is Shari’ah?What is Shari’ah?
What is Shari’ah?
 
Finality of prophethood by maududi
Finality of prophethood by maududiFinality of prophethood by maududi
Finality of prophethood by maududi
 
Modes of islamic finance
Modes of islamic financeModes of islamic finance
Modes of islamic finance
 
ch# 5 _zakat for acounting.ppt
ch# 5 _zakat for acounting.pptch# 5 _zakat for acounting.ppt
ch# 5 _zakat for acounting.ppt
 
Fatima al-Zahra
Fatima al-ZahraFatima al-Zahra
Fatima al-Zahra
 
al kharaj in islamic land law
al kharaj in islamic land lawal kharaj in islamic land law
al kharaj in islamic land law
 
Financing methods part 1\ Waqf
Financing methods   part 1\ WaqfFinancing methods   part 1\ Waqf
Financing methods part 1\ Waqf
 
Bahmani sultanate
Bahmani sultanateBahmani sultanate
Bahmani sultanate
 
SCHOOL OF ISLAMIS LEGAL TAUGHT (MAZHAB AS-SYAFIE)
SCHOOL OF ISLAMIS LEGAL TAUGHT (MAZHAB AS-SYAFIE)SCHOOL OF ISLAMIS LEGAL TAUGHT (MAZHAB AS-SYAFIE)
SCHOOL OF ISLAMIS LEGAL TAUGHT (MAZHAB AS-SYAFIE)
 
Islamic legal maxims and their applications to Islamic banking and finance
Islamic legal maxims and their applications to Islamic banking and financeIslamic legal maxims and their applications to Islamic banking and finance
Islamic legal maxims and their applications to Islamic banking and finance
 
Zakah
ZakahZakah
Zakah
 

Similar to Taxes Vs. Zakat

Poverty In Pakistan
Poverty In PakistanPoverty In Pakistan
Poverty In Pakistan
jaze223
 
Islam and Supply-Side EconomicsSupply-side economics has a long hi.pdf
Islam and Supply-Side EconomicsSupply-side economics has a long hi.pdfIslam and Supply-Side EconomicsSupply-side economics has a long hi.pdf
Islam and Supply-Side EconomicsSupply-side economics has a long hi.pdf
arihanthtoysandgifts
 
Zakat explained
Zakat explainedZakat explained
Zakat explained
izmccarthy
 

Similar to Taxes Vs. Zakat (20)

Identifying_econ_problems_of_Muslims_in_North_America.pdf
Identifying_econ_problems_of_Muslims_in_North_America.pdfIdentifying_econ_problems_of_Muslims_in_North_America.pdf
Identifying_econ_problems_of_Muslims_in_North_America.pdf
 
Economics in islam
Economics in islamEconomics in islam
Economics in islam
 
financing_Community_Islamic_activities_and_Preserving.pdf
financing_Community_Islamic_activities_and_Preserving.pdffinancing_Community_Islamic_activities_and_Preserving.pdf
financing_Community_Islamic_activities_and_Preserving.pdf
 
Economic system in islam
Economic system in islamEconomic system in islam
Economic system in islam
 
Utilization of zakat and islamic endowment funds for poverty reduction
Utilization of zakat and islamic endowment funds for poverty reductionUtilization of zakat and islamic endowment funds for poverty reduction
Utilization of zakat and islamic endowment funds for poverty reduction
 
Islamic banking and social justice
Islamic banking and social justiceIslamic banking and social justice
Islamic banking and social justice
 
Islamic ecnomics system vs conventional ecnomic system
Islamic ecnomics system vs conventional ecnomic systemIslamic ecnomics system vs conventional ecnomic system
Islamic ecnomics system vs conventional ecnomic system
 
Mla Literary Essay Format
Mla Literary Essay FormatMla Literary Essay Format
Mla Literary Essay Format
 
PRINCIPLES OF ISLAMIC ECONOMICS.pptx
PRINCIPLES OF ISLAMIC ECONOMICS.pptxPRINCIPLES OF ISLAMIC ECONOMICS.pptx
PRINCIPLES OF ISLAMIC ECONOMICS.pptx
 
Ibaf principles & objectives
Ibaf principles & objectivesIbaf principles & objectives
Ibaf principles & objectives
 
Poverty In Pakistan
Poverty In PakistanPoverty In Pakistan
Poverty In Pakistan
 
Lecture12_revision.pptx
Lecture12_revision.pptxLecture12_revision.pptx
Lecture12_revision.pptx
 
Lecture presentation-20 june 2011 (brother rafiq)
Lecture  presentation-20 june 2011 (brother rafiq)Lecture  presentation-20 june 2011 (brother rafiq)
Lecture presentation-20 june 2011 (brother rafiq)
 
Islamic Banking
Islamic BankingIslamic Banking
Islamic Banking
 
IslamicBanking1.ppt
IslamicBanking1.pptIslamicBanking1.ppt
IslamicBanking1.ppt
 
Zakat and it’s Social Benefits - THE FORGOTTEN PILLAR OF ISLAM
Zakat and it’s Social Benefits - THE FORGOTTEN PILLAR OF ISLAMZakat and it’s Social Benefits - THE FORGOTTEN PILLAR OF ISLAM
Zakat and it’s Social Benefits - THE FORGOTTEN PILLAR OF ISLAM
 
A Comparison between Capitalism & Islamic Economical System An Overview
A Comparison between Capitalism & Islamic Economical System An OverviewA Comparison between Capitalism & Islamic Economical System An Overview
A Comparison between Capitalism & Islamic Economical System An Overview
 
Islam and Supply-Side EconomicsSupply-side economics has a long hi.pdf
Islam and Supply-Side EconomicsSupply-side economics has a long hi.pdfIslam and Supply-Side EconomicsSupply-side economics has a long hi.pdf
Islam and Supply-Side EconomicsSupply-side economics has a long hi.pdf
 
Role of state in islam
Role of state in islamRole of state in islam
Role of state in islam
 
Zakat explained
Zakat explainedZakat explained
Zakat explained
 

Recently uploaded

TriStar Gold- 05-13-2024 corporate presentation
TriStar Gold- 05-13-2024 corporate presentationTriStar Gold- 05-13-2024 corporate presentation
TriStar Gold- 05-13-2024 corporate presentation
Adnet Communications
 
Bahawalpur Culture.pptx pptx pptx pttx pttx
Bahawalpur Culture.pptx pptx pptx pttx pttxBahawalpur Culture.pptx pptx pptx pttx pttx
Bahawalpur Culture.pptx pptx pptx pttx pttx
AbdulNasirNichari
 
一比一原版(UCSD毕业证书)加利福尼亚大学圣迭戈分校毕业证成绩单学位证书
一比一原版(UCSD毕业证书)加利福尼亚大学圣迭戈分校毕业证成绩单学位证书一比一原版(UCSD毕业证书)加利福尼亚大学圣迭戈分校毕业证成绩单学位证书
一比一原版(UCSD毕业证书)加利福尼亚大学圣迭戈分校毕业证成绩单学位证书
atedyxc
 
原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作
原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作
原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作
uotyyd
 
一比一原版(SFU毕业证书)西蒙菲莎大学毕业证成绩单学位证书
一比一原版(SFU毕业证书)西蒙菲莎大学毕业证成绩单学位证书一比一原版(SFU毕业证书)西蒙菲莎大学毕业证成绩单学位证书
一比一原版(SFU毕业证书)西蒙菲莎大学毕业证成绩单学位证书
atedyxc
 
一比一原版(UC Davis毕业证书)加州大学戴维斯分校毕业证成绩单学位证书
一比一原版(UC Davis毕业证书)加州大学戴维斯分校毕业证成绩单学位证书一比一原版(UC Davis毕业证书)加州大学戴维斯分校毕业证成绩单学位证书
一比一原版(UC Davis毕业证书)加州大学戴维斯分校毕业证成绩单学位证书
atedyxc
 
一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书
一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书
一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书
atedyxc
 
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
indexPub
 
Zepto Case study(On Track to Profitability).pptx
Zepto Case study(On Track to Profitability).pptxZepto Case study(On Track to Profitability).pptx
Zepto Case study(On Track to Profitability).pptx
aryan963438
 
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
atedyxc
 

Recently uploaded (20)

Big developments in Lesotho Butha-Buthe.
Big developments in Lesotho Butha-Buthe.Big developments in Lesotho Butha-Buthe.
Big developments in Lesotho Butha-Buthe.
 
TriStar Gold- 05-13-2024 corporate presentation
TriStar Gold- 05-13-2024 corporate presentationTriStar Gold- 05-13-2024 corporate presentation
TriStar Gold- 05-13-2024 corporate presentation
 
How to exchange my pi coins on HTX in 2024
How to exchange my pi coins on HTX in 2024How to exchange my pi coins on HTX in 2024
How to exchange my pi coins on HTX in 2024
 
Bahawalpur Culture.pptx pptx pptx pttx pttx
Bahawalpur Culture.pptx pptx pptx pttx pttxBahawalpur Culture.pptx pptx pptx pttx pttx
Bahawalpur Culture.pptx pptx pptx pttx pttx
 
一比一原版(UCSD毕业证书)加利福尼亚大学圣迭戈分校毕业证成绩单学位证书
一比一原版(UCSD毕业证书)加利福尼亚大学圣迭戈分校毕业证成绩单学位证书一比一原版(UCSD毕业证书)加利福尼亚大学圣迭戈分校毕业证成绩单学位证书
一比一原版(UCSD毕业证书)加利福尼亚大学圣迭戈分校毕业证成绩单学位证书
 
Pitch-deck CopyFinancial and MemberForex.ppsx
Pitch-deck CopyFinancial and MemberForex.ppsxPitch-deck CopyFinancial and MemberForex.ppsx
Pitch-deck CopyFinancial and MemberForex.ppsx
 
原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作
原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作
原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作
 
一比一原版(SFU毕业证书)西蒙菲莎大学毕业证成绩单学位证书
一比一原版(SFU毕业证书)西蒙菲莎大学毕业证成绩单学位证书一比一原版(SFU毕业证书)西蒙菲莎大学毕业证成绩单学位证书
一比一原版(SFU毕业证书)西蒙菲莎大学毕业证成绩单学位证书
 
Amil baba australia kala jadu in uk black magic in usa
Amil baba australia kala jadu in uk black magic in usaAmil baba australia kala jadu in uk black magic in usa
Amil baba australia kala jadu in uk black magic in usa
 
Economic Risk Factor Update: May 2024 [SlideShare]
Economic Risk Factor Update: May 2024 [SlideShare]Economic Risk Factor Update: May 2024 [SlideShare]
Economic Risk Factor Update: May 2024 [SlideShare]
 
一比一原版(UC Davis毕业证书)加州大学戴维斯分校毕业证成绩单学位证书
一比一原版(UC Davis毕业证书)加州大学戴维斯分校毕业证成绩单学位证书一比一原版(UC Davis毕业证书)加州大学戴维斯分校毕业证成绩单学位证书
一比一原版(UC Davis毕业证书)加州大学戴维斯分校毕业证成绩单学位证书
 
1. Elemental Economics - Introduction to mining
1. Elemental Economics - Introduction to mining1. Elemental Economics - Introduction to mining
1. Elemental Economics - Introduction to mining
 
一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书
一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书
一比一原版(UCSB毕业证书)圣塔芭芭拉社区大学毕业证成绩单学位证书
 
20240514-Calibre-Q1-2024-Conference-Call-Presentation.pdf
20240514-Calibre-Q1-2024-Conference-Call-Presentation.pdf20240514-Calibre-Q1-2024-Conference-Call-Presentation.pdf
20240514-Calibre-Q1-2024-Conference-Call-Presentation.pdf
 
L1 2024 Prequisite QM persion milad1371.pdf
L1 2024 Prequisite QM persion milad1371.pdfL1 2024 Prequisite QM persion milad1371.pdf
L1 2024 Prequisite QM persion milad1371.pdf
 
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
 
How can I withdraw my pi coins to real money in India.
How can I withdraw my pi coins to real money in India.How can I withdraw my pi coins to real money in India.
How can I withdraw my pi coins to real money in India.
 
Retail sector trends for 2024 | European Business Review
Retail sector trends for 2024  | European Business ReviewRetail sector trends for 2024  | European Business Review
Retail sector trends for 2024 | European Business Review
 
Zepto Case study(On Track to Profitability).pptx
Zepto Case study(On Track to Profitability).pptxZepto Case study(On Track to Profitability).pptx
Zepto Case study(On Track to Profitability).pptx
 
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
 

Taxes Vs. Zakat

  • 1. Zakat vs Taxes Team members:  Mohamed Mostafa Kadous  Ali Nageh Ali Atallah  Keriya Arsany Supervised by / Prof Abdelrahman Youssri
  • 2. Zakat vs Taxes (outline) 1. Definition of taxes and zakat and their types 2. Why do we pay zakat and taxes? 3. Were taxes existed in Islamic Era? 4. How taxes entered Muslim countries? 5. Deference between Zakat and Taxes? 6. How can we apply zakat in present days?
  • 3. -Taxes is compulsory contributions imposed on individuals or corporations by a government entity. -Tax revenues finance government activities. What is Taxes?
  • 4. Importance of taxes in Secular Economics  Funding public goods and services  Building Infrastru
  • 5. Types of Taxes:  Income tax  Payroll tax  Corporate tax  Sales tax  Property tax  Tariff  Estate tax
  • 6. What is Zakat? -Concept of compulsory charity in Islam -The word ‘zakat’ comes from the Arabic ‘to purify’, Allah)SWT) says in the Quran: “take from their wealth so that you might purify and sanctify them” (9:103)
  • 7. -Zakat is a right which the poor have over the wealthy; it is the duty of every wealthy Muslim to fulfil this responsibility to those who are less fortunate -Uses in the past -All Zakat is spent on projects which are within the Zakat eligible categories
  • 8. Who can receive Zakat? 1. Al-Fuqara (The poor) 2. Al-Masakin (The needy) 3. Zakat collectors 4. Who converted to Islam 5. Freeing captives 6. Debtors 7. In the path of Allah 8. Wayfarer (Travelers)
  • 9. Did taxes exist in Islamic era? Yes, Taxes were imposed in the Islamic state, and it dealt with non-Muslims, and the situation was not as prevalent as it is now in secular countries For example, jizya is a compensation for the security and protection that the non-Muslims have in the Islamic state without fighting for the defense of the country.
  • 10. How taxes entered Muslim countries? Through secular legislations which have endorsed the Western definition of taxes system. These legislations were opened during the era of Western colonial rule to the Islamic world.
  • 11. Difference between zakat and taxes?  Zakat is related to religious, and tax is related to government. In no way Zakat and tax can go together; they are different in many respects. While zakat has a religious sanctity, tax is not like that. vs • Tax collection • Zakat if it is fixed • Sources • Conditions
  • 12. How can taxes be replaced by zakat?  Islamic governments must consider the application of Islamic law seriously, and then educate people about the principles of Islamic law.  Secondly, applying them gradually, and because of that, secular laws will be replaced by Islamic ones, and the current tax system will be replaced by zakat.