And He it is who causes gardens to grow, [both] trellised and untrellised, and palm trees and crops of different [kinds of] food and olives and pomegranates, similar and dissimilar. Eat of [each of] its fruit when it yields and give its due [zakah] on the day of its harvest. And be not excessive. Indeed, …
Category Archive: Zakat
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ZAKAT and RIBA – Are they connected?
The common perception about ‘Zakat’ is that it is a 2.5% religious tax on your assets. However, this idea is not supported by the Quran at all. Zakat is not restricted to money as we shall see. OUR OBLIGATIONS 008:041 And know that, surely whatever profit/ghanim you acquire from anything, then indeed one-fifth …
Permanent link to this article: http://islamic-research.org/zakat-and-riba-are-they-connected/