Zakat

Zakat

v  Zakat means to purify.

v  Zakat was made obligatory in 2. A.H.

v  7-1/2 is the nasab of gold and 52-1/2 tolas for silver.

v  Injunction of utilization of zakat is in Surah-al Tauba.

v  Number of heads for distribution of zakat are 8.

v  Zakat mentioned along with Namaz in the Quran 22 times.

v  5 Camels, 40 goats, 3 cows and buffaloes is nisab for zakat.

v  1/10 is the nisab of irrigated produce.

v  Zakat is treasure of Islam; it is the saying of holy prophet.

v  Usher means 1/10.

v  Khums means 1/5.

v  Word Zakat occurs in Quran for 32 times.

v  In 2nd A.H the rate and method of distribution of Zakat was determined at Madina.

v  Kharaj is spoils of war.

v  Fay is income from town lands.

v  Zakat on produce of mines is 1/5th.

v  Ushr on artificially irrigated land is 1/20th.

v  Al-Gharmain means debtors.

v  There are two types of zakat.