Mca zakat application 2025

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The Five Pillars are the core beliefs and practices of Islam: Profession of Faith (shahada). The belief that There is no god but God, and Muhammad is the Messenger of God is central to Islam. Prayer (salat). Alms (zakat). Fasting (sawm). Pilgrimage (hajj).
To be liable for zakat, ones wealth must be more than a threshold figure, termed the nisab. To determine the nisab there are two measures, either gold or silver. Gold: The nisab by the gold standard is 3 ounces of gold (87.48 grammes) or its cash equivalent.
Which eight type of people are eligible to receive Zakat? The Poor (Al-Fuqara) The Needy (Al-Masakeen) Zakat Administrators. New Muslims (Muallafah Quloobuhum) Freeing Slaves (Riqab) Those in Debt (Al-Gharimeen) For the Cause of Allah (Fi Sabilillah) Stranded Travelers (Ibn Al-Sabeel)
Individuals must meet a certain threshold known as nisab in order to qualify for zakat every lunar year. This is set at the value of 87.48 grams of gold or 612.36 grams of silver. People whose wealth exceeds the value of these amounts must pay 2.5% of the value of their wealth in zakat.
For every sane, adult Muslim who owns wealth over a certain amount known as the Nisab he or she must pay 2.5% of that wealth as zakat. Eligible Muslims pay zakat once a year, and it is due as soon as one lunar (Islamic) year has passed since meeting or exceeding the nisab (certain amount of wealth).

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Who Should Give Zakat? They must be free individuals; slaves are exempt from paying zakat. The obligation of zakat applies to Muslims. The individual must be of sound mind, ing to Imam Abu Hanifa. Zakat is obligatory for adults. The person must have complete ownership and control of their wealth.
To be eligible to receive zakat, the recipient must be poor and/or needy. A poor person is someone whose property, in excess of his basic requirements, does not reach the nisab threshold. The recipient must not belong to your immediate family; your spouse, children, parents and grandparents cannot receive your zakat.

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