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In the hierarchy of Islamic faith and religious duties zakat is next only to the acclamation of Allah's unity and prophecy of Muhamnad (peace be unto him) and the five daily prayers. It is rather significant that a measure of far reaching economic consequences should find such a high place in that hierarchy and be counted as one of the five pillars o Islam. Zakat is doubly important in the way of life that is Islam. On the one hand it is a means of spiritual purification and on the other a way to regain balance and equilibrium in social and economic life. One would expect religious scholars as well as economists not to miss these points and pay due attention to this unique institution. However, the subject of zakat did not attract the attention of contemporary scholars to an extent commensurate with its importance. There is a need for economists, legal experts and shariah scholars who would elaborate and analyze the law of zakat in a contemporary manner. Sheikh Yusuf al Qardawi's book is one of those exceptions to the above which give one the needed hope and reassurance to carry on. First published more than 3 decades ago, Fiqh al Zakat still remains unparalleled in its comprehensiveness exposition and depth. It is, therefore, with great pleasure that we present it to the English reading public.
In the hierarchy of Islamic faith and religious duties zakat is next only to the acclamation of Allah's unity and prophecy of Muhammad (peace be unto him) and the five daily prayers. It is rather significant that a measure of far-reaching economic consequences should find such a high place in that hierarchy and be counted as one of the five pillars o Islam. Zakat is doubly important in the way of life that is Islam. On the one hand, it is a means of spiritual purification and on the other a way to regain balance and equilibrium in social and economic life. One would expect religious scholars as well as economists not to miss these points and pay due attention to this unique institution. However, the subject of zakat did not attract the attention of contemporary scholars to an extent commensurate with its importance. There is a need for economists, legal experts and shariah scholars who would elaborate and analyze the law of zakat in a contemporary manner. Sheikh Yusuf al Qardawi's book is one of those exceptions to the above which give one the needed hope and reassurance to carry on. First published more than 3 decades ago, Fiqh al Zakat still remains unparalleled in its comprehensiveness exposition and depth. It is, therefore, with great pleasure that we present it to the English reading public.Shaykh Yusuf Al-Qaradawi Born in Egypt in 1926. One of the most prominent scholars of the 20th century. He memorized the Quran before the age of 10. He is an expert on principals of Islamic jurisprudence (Fiqh), Arabic language, and other Islamic Sciences. He has published over 100 books, which are bestsellers in the Islamic world.His books cover various topics, such as: Fiqh, how to understand the Sunnah, how to understand the Qur'an, a two-volume book on Zakat which is considered by many scholars as a treasure house for the Islamic library, environment, Fiqh of Minorities, poetry, and many other topics.Shaykh Al-Qaradawi represents an original effort to make the comprehensive rules of Islam accessible and understandable to non-specialists, and he always tries to join between the principles of the religion and the problems facing the Muslims today.
Compelling and original, this book offers a unique insight into the modern Islamic corporation, revealing how power, relationships, individual identities, gender roles, and practices - and often massive financial resources - are mobilized on behalf of Islam. Focusing on Muslims in Malaysia, Patricia Sloane-White argues that sharia principles in the region's Islamic economy produce a version of Islam that is increasingly conservative, financially and fiscally powerful, and committed to social control over Muslim and non-Muslim public and private lives. Packed with fascinating details, the book is essential reading for anyone with an interest in Islamic politics and culture in modern life.
This guidebook is an excellent reference for average readers on the concept, objectives, nature and principles underlying zakat (charity) in Islam.
Simple Zakat Guide explains the rules and reasons for Zakat. Step by step worksheets are provided for every section. Topics include everything from Zakat liable assets, expense deductions, haram earnings, 401k and retirement accounts, how to calculate Nisab, and basic of Islamic charitable ethics. In this 3rd addition, new sections on cryptocurrencies were added, and expanded material on retirement accounts is provided. Simple Zakat Guide seeks to be an accessible middle ground for people wanting to learn how and why to fulfill this pillar of Islam in a clear and concise manner. 3rd Edition - Updated with New Information on Crypto-Currencies and Retirement Accounts.
For many the concept that zakat as a pillar has fallen will come as a shock, but for others this will supply the key to the recovery of the deen itself and thus success. After substantiating the proposition that the pillar has fallen and the reasons for that, Zakat - Raising a Fallen Pillar comprises a complete overview of the fiqh of zakat, and then the road to its recovery. Given that zakat is an act of worship carried out by means of wealth and monetary matters, the second section, The Gold Dinar and the Islamic Money System, investigates this, giving particular attention to currency and the importance of the open market established by the Prophet  and assumed by Islamic fiqh. The author then looks to an implementation strategy for the halal, free and open market with a sound currency. Given the widespread understanding that not only is capitalism in serious trouble, but that it is an intrinsically unjust system, then here we have a clue to a post-capitalist way of transacting at whose core is the act of worship that is zakat, which does justice to the poor by giving them access to capital not merely handouts, and to the rich by purifying their wealth for them to enjoy it without guilt.
This book describes the Madinan model for correct governance established by the Prophet Muhammad, may Allah bless him and grant him peace. Islamic governance is nomocratic (law-based), that is, based on Qur'anic law as understood and practised by the Prophet Muhammad, may Allah bless him and grant him peace, and his Companions. Islamic governance, therefore, cannot be categorised as theocratic, democratic, autocratic, oligarchic, or timocratic. The legitimacy of a government is dependent on its execution of justice. Government has to accomplish justice, fairness, equity, fair-mindedness, rightness and correctness. Since governing, that is the exercise of political power, is primarily associated with the production, distribution and consumption of resources, the circulation of wealth is guaranteed by the shari'a (Islamic law) and is the rationale for the existence of governance itself. Islamic law promotes the circulation of wealth and inhibits its stagnation. Accumulation of wealth in the hands of a few invariably leads to oligarchy, something that neither capitalism nor communism have been able to avoid.