zakat

Zakat  Zakat Meaning, Description and Significance   .Meaning The word Zakat means sanctification and growth  (1) The Quran says   خُذْ مِنْ أَمْوَالِھِمْ صَدَقَةً تُطَھِّرُھُمْ وَتُزَكِّیھِم بِھَا   “ Take from their wealth so that you might purify and sanctify  them”  (2)  Zakat purifies the soul of the giver from egoism and rapacity and cleans his wealth   from a portion specified for the unfortunate. Though, payment of Zakat supposedly  . decreases plutocrat but, in broader sense, it causes rotation of wealth, which results  .in its addition and therefore involves further and further people in its benefits.   Description Zakat is obligatory (Fard) on all Muslims men and women who are   Sahib-e-Nisab ie retain a specified limit of wealth, to pay each time a specified  . portion from capital or savings like ranch yield, cattle, business conditioning, paper  .currency and precious essen...