Zakat

Zakat

•    Zakat means to purify.
•    Zakat was made obligatory in 2. A.H.
•    7-1/2 is the nasab of gold and 52-1/2 tolas for silver. • Injunction of utilization of zakat is in Surah-al Tauba.
•    Number of heads for distribution of zakat are 8.
•    Zakat mentioned along with Namaz in the Quran 22 times.
•    5 Camels, 40 goats, 3 cows and buffaloes is nisab for zakat.
•    1/10 is the nisab of irrigated produce.
•    Zakat is treasure of Islam; it is the saying of holy prophet.
•    Usher means 1/10.
•    Khums means 1/5.
•    Word Zakat occurs in Quran for 32 times.
•    In 2nd A.H the rate and method of distribution of Zakat was determined at Madina.
•    Kharaj is spoils of war.
•    Fay is income from town lands.
•    Zakat on produce of mines is 1/5th.
•    Ushr on artificially irrigated land is 1/20th.
•    Al-Gharmain means debtors.
•    There are two types of zakat.