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28 September 2018

The Transformative Nature of Zakat

The Qur’an and Sunnah encourage the development and transformation of individuals and society in every aspect of life: spiritual, economic, psychological and social. Zakat is a tool to help transform individuals and society. God tells us how He transformed the Prophet ﷺ. “Did He not find you an orphan and give [you] refuge? Did He…

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22 June 2018

‘A Rich Scholar is More Effective’ by Shaykh Sajid Ahmed Umar

Sufyan al-Thawri (may Allah have mercy on him) is a giant scholar from our history of knowledgeable giants that walked the face of this earth. He passed away in the 2nd century, around 160 years after the migration of the final Messenger (peace be upon him) from Makkah to Madinah. He lived in an age…

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17 May 2018

Zakat on share investments: determining a proxy for calculation

This report outlines the juristic precedence determining a proxy for calculation of Zakat on share investments, the methodology, the findings and the recommendations for Muslim shareholders for calculating their Zakat liability.  Summary recommendations National Zakat Foundation’s (NZF) recommendation to Muslim shareholders is as follows: Ideally, a complete calculation and review of the balance sheet should…

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20 April 2018

Going from Post to Pillar

As a pillar of Islam, Zakat has enormous transformative potential. But it remains untapped and it’s about time we let it make a comeback. After all, our future depends on it. Most of us limit our understanding of the pillars of Islam as being individual, ritual obligations. As long as we bear witness to God and…

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