Posted on 10/11/2013 1:24:30 PM PDT by LSUfan
One of the most popular and most important subjects on Shariah Finance Watch is the issue of Zakat.
Zakat is a form of tithing in Islam and is considered one of the Five Pillars of the faith. Essentially, every Muslim who is able to do so is required to give 1/40 of his wealth each year to the “needy” through the system of zakat. Today, most of the zakat payments, at least in the West, go through Islamic charities and mosques.
This has proven to be a problem because so many Islamic charities and mosques have been shown to provide material support for terrorism–
(Excerpt) Read more at shariahfinancewatch.org ...
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