Zakat

Zakat
A term used in Islamic finance to refer to the obligation that an individual has to donate a certain proportion of wealth each year to charitable causes. Zakat is a mandatory process for Muslims in order to physically and spiritually purify their yearly earnings that are over and above what is required to provide the essential needs of a person or family.

There are comprehensive descriptions in religious texts describing minimum amounts of zakat with regards to farm produce, cattle, business activities, paper currency and precious metals such as gold and silver.

The most common level of zakat on wealth from cash, equities and gold is 2.5% of the total value.


Investment dictionary. . 2012.

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  • zakat — 1802, from Persian zakat, etc., from Arabic zakah …   Etymology dictionary

  • Zakat —   [z , arabisch] die, , die Almosengabe im Islam; eine der fünf Grundpflichten der Muslime; wurde schon zu Lebzeiten Mohammeds als Steuer zur Finanzierung sozialer, karitativer und missionarischer Aufgaben eingezogen. * * * Za|kat, die; [arab.… …   Universal-Lexikon

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  • Zakat — This is a sub article of Islamic economical jurisprudence.Zakaat ( ar. زكاة IPA2|zækæːh, zakaat or zakāh , has the implied meaning of grow , purify , or foster ). It is often compared to the system of tithing and alms but unlike these older… …   Wikipedia

  • Zakat — Die 5 Säulen des Islam Schahāda (Bekenntnis) Salat (Gebet) Zakat (Almosensteuer) Saum (Fasten) Haddsch (Pilgerfahrt) Die Zakat bzw. Zakah (arabisch ‏زكاة‎, DMG …   Deutsch Wikipedia

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  • zakat — {{＃}}{{LM Z43492}}{{〓}} {{［}}zakat{{］}} {{■}}(ár.){{□}} {{《}}▍ s.m.{{》}} {{♂}}En la religión islámica,{{♀}} limosna o donación económica. {{★}}{{＼}}PRONUNCIACIÓN:{{／}} [zakát]. {{★}}{{＼}}ORTOGRAFÍA:{{／}} Por ser un extranjerismo debe escribirse… …   Diccionario de uso del español actual con sinónimos y antónimos

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