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8 November 2018

One in Five Live in Poverty in the UK

Poverty has been a constant hardship throughout human history. The economic statistician Angus Maddison has estimated – from the very fragmentary evidence that exists – that the distribution of income 2,000 years ago was remarkably equal: almost everyone, everywhere was very poor. The figures he has reported tell us furthermore that the average world income…

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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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