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For social solidarity. refer to question below for more information.

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Q: Why bank must pay zakat?
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Related questions

How old should you be to pay zakat?

I m paying zakat almost from fifteen years


Can you pay zakat in instalments?

No we can not pay zakat in instalment.


Can you pay zakat on assets?

Yes we can pay zakat on our assets.


What if we can't pay the zakat?

zakat is not compulsory on poor people.... but if you are rich and you dont pay zakat out of arrogance than its a sin


Do you pay zakat on kids saving?

No we cannot pay zakat on kids saving. On kids saving we pay Fitrana.


You have 85 gm gold how much zakat do you pay?

zakat is 2.5 %


How do different organizations spend zakat?

they pay zakat to Qumran education institutions .


Who is eligible for qurbani?

Any sane male and female who is eligible to pay zakat must perform the duty of qurbani.


What does zakat help to make?

The meaning of zakat is, buying the love of God. If you pay zakat you will get it seven times more than you paid.


Can you backtrack your zakat and pay them accordingly?

Sure, you can. Zakat is God right that you should pay. You should admit that you were sinful in not paying zakat in its due time, intend not to repeat this sin, repent and ask God forgiveness, and if you can backtrack your zakat and pay them accordingly then do it as soon as possible to gain God satisfaction and forgiveness.


Can I pay zakat to my maid who is a non Muslim?

No you cann't. Not because she is non Muslim but because she is your maid and you are responsible of her living so she doesn't desrve zakat from you. Also, you can't pay zakat to your father or sons.


What did Muhammad teach that the wealthy should do with money?

The wealthy must pay Zakat to be distributed among the poor. Islam teaches charity.