Zakat (Arabic: زكاة zakāh [zaˈkaːh], “that which purifies”, also Zakat al-mal [zaˈkaːt alˈmaːl] زكاة المال, “zakat on wealth”, or Zakah) is a form of alms-giving treated in Islam as a religious obligation or tax, which, by Quranic ranking, is next after prayer (salat) in importance.
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Zakat al-Mal Definition
The word zakat means “purity, development, blessings and praise” but in practice it refers to alms – money or food that is given to the poor . Zakat al-mal (or zakah al maal) can be defined as the obligation upon every Muslim man and woman having certain amount of wealth kept for a (lunar) year, to pay a certain amount to deserving people. Zakat is therefore the amount to be paid (obligation) calculated upon the savings (nisab) held for a year and to be paid to the needy people whether in monetary terms or in the form of commodities
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