0
What is the word used for giving away some savings for good purposes for Muslims?
Wiki User
∙ 12y ago
zakat - giving charity to the poor approx 2% of your yearly salary
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What is the word used for giving away some savings for good purposes?
The most common term is donation, it can also be called a charitable contribution, alms, endowment, philanthropy, charity, or even a gift.
Is giving away a fixed portion of income an obligation for Muslims?
In the name of Allah Almighty, the most Merciful, most Beneficent. Yes, giving away a fixed portion of SAVINGS from income is an obligation for the Muslims. But obligation is not for the poor. Only the rich who keep a certain amount of gold or silver, or currency kept safe for ONE year must give away 2.5% of that saved amount. The amount should be given to the poor relative, poor neighbours, orphans, travellers, and the needy. It should be kept in mind that the Muslim can give away this amount himself to the deserving Muslims. This amount is called ZAKAT.
Why Muslims are away from Islam?
Satan is working.
Why did they stop giving away Chevy Aveo's on TPIR?
They didn't. they still are giving that car away
When was Giving the Game Away created?
Giving the Game Away was created on 1999-03-15.
What is the word used for giving away some saving for good purposes?
The most common term is donation, it can also be called a charitable contribution, alms, endowment, philanthropy, charity, or even a gift.
Is the government giving away free replacement windows?
is the gov giving away free replacement windows
Who led the 4 crusades?
Christians and Muslims. Christians wanted to take the holy land away from the Muslims.
What are savings rates?
Savings rate is the amount of money saved divided by disposable income. The savings rate is expressed as a percentage. Saved meaning money put away and not spent.
What is the word for giving to the poor?
charity,giving away,borrowin
What is the difference between saving and savings?
Saving is puting money or goods away for future use, savings are the goods or money that have been collected.
Are millionares giving away money?
No.
