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"Zakat" is a mandatory financial rite, and one of the five pillars of Islam. It must be paid by one who owns wealth or valuables of certain kinds whose values is at least to the limit of Nisab.
"Nisab" means the minimum amount fixed by Islamic shariah for certain kinds of wealth and valuables.
The Five Pillars are known in Arabic as ARKAN AL-ISLAM, the five duties incumbent on every Muslim. They are: shahadah , the Muslim profession of faith; salat , or ritual prayer, performed in a prescribed manner five times each day; zakat, the alms tax levied to benefit the poor and the needy; sawm, fasting during the month of Ramadan; and hajj, the major pilgrimage to Mecca.
Ref: TheFaithOfIslam.htm
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What is the definition of rite?
A formal religious ceremony.
Quote an authority definition of human resource planning?
Rite
Can a wife give Zakat to her husband for finishing loan?
no a wife cant give zakat or money of zakat to her husband under the masarif of zakat.
Can syed give zakat to syed?
there are two type of Zakat: obligatory Zakat and Mustahab (recommended Zakat). Recommended Zakat is same as non obligatory donations. Syed can receive non obligatory Zakat from all. but obligatory only from Syed.
What is zakat in Arabic?
It is Zakat in Arabic as well. :)
Can you pay zakat in instalments?
No we can not pay zakat in instalment.
Can you pay zakat on assets?
Yes we can pay zakat on our assets.
What can you get zakat for yourself?
What is zakat even that needs to be answered first
Zakat on Christians in Pakistan?
No zakat on christians but only Muslims.
When was The Zakat Foundation created?
The Zakat Foundation was created in 2001.
What if we can't pay the zakat?
zakat is not compulsory on poor people.... but if you are rich and you dont pay zakat out of arrogance than its a sin
What does zakat help to make?
The meaning of zakat is, buying the love of God. If you pay zakat you will get it seven times more than you paid.
