Assignment on Zakat

3204 Words Apr 16th, 2011 13 Pages
In Islam, maintaining communities and doing things for the glory of God are both very important principles.Alms giving is designed to support communities, as people may only give zakat to certain types of groups and individuals, and it is also done for God. Many Muslims believe that wealth and blessings come from God and are held in trust by the community, and that therefore they are obligated to give back to purify their own wealth, ensuring that God will permit it to grow.

Zakat (Obligatory Charity)
Zakat is a certain fixed portion of the wealth and property that a Muslim is obliged to pay yearly for the benefit of the poor in the Muslim community. The payment of Zakat is obligatory, as it is one of the five pillars of Islam. Zakat is
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However, fruits and vegetables are not included in this ruling. * The Nisab is free from debts and thus is not owed to debtors.

Types of Possessions That Require Paying the Zakat
*Gold and Silver
This is based on Allah's Statement in the Noble Qur'an:
"And those who hoard up gold and silver (i.e. the money, the Zakat of which has not been paid) and spend them not in the way of Allah, announce unto them a painful torment,"(9:34)
Also, the Prophet (Peace be upon Him), said:
"There is no charity on what is less than five Uqiyyah (of silver),"(Al-Bukhari and Muslim)
(Note: One Uqiyyah of silver is 147 grams, thus five Uqiyyahis equal to 735 grams.)
* Women's Jewelry That is made of Gold or Silver and is Used for Beautification
Purposes
There is a difference of opinion amongst the scholars concerning Zakat on gold and silver jewelry that is kept for beautification and not sold for business purposes, The correct view is that there is Zakat due on it if it reaches the Nisab amount,

The Prophet(Peace be upon Him) said:
"Anyone who owns gold or silver and does not pay Zakat on them, on the Day of Resurrection they will be made into plates of fire and they will then bum his sides, forehead and back." (Muslim)
The Prophet (Peace be upon Him) also asked a woman whose daughter was wearing two gold bracelets, if she had paid the Zakat on them. When the woman replied that she had

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