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Need to Know the Zakat Rules in Saudi Arabia? Just ask KPMG…
Shariah Finance Watch ^ | 1 April 2012 | Unattributed

Posted on 04/01/2012 7:54:17 AM PDT by LSUfan

It is widely known that much of the funding for Jihadist terrorist organizations, such as Al Qaeda, Hamas, Abu Sayyef and Jemaah Islamiyah come from private donations to Islamic charities through zakat payments, a system of tithing in Islam.

The Saudi government claims that they are virtually powerless to stop this activity, something that makes us incredulous, given the Shariah police state that is Saudi Arabia.

But that is the whole point. Wealthy Saudis and their charities participate in zakat because Shariah commands it.

(Excerpt) Read more at shariahfinancewatch.org ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; War on Terror
KEYWORDS: islam; jihad; saudiarabia; sharia; zakat; zakatcalculator

1 posted on 04/01/2012 7:54:31 AM PDT by LSUfan
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To: LSUfan

Hmmm.

Got Establishment Clause?

http://en.wikipedia.org/wiki/Establishment_Clause

Evidently the Shariaists don’t.


2 posted on 04/01/2012 8:05:46 AM PDT by LomanBill (Animals! The DemocRats blew up the windmill with an Acorn!)
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To: LSUfan
Zakat accounts for a LOT of money flowing to terrorism.

In zakat, you are obligated to pay 2 1/2 percent of your assets. Not income, NET WORTH, every year. Take a look at a zakat calculator

And one category of the designated recipients of zakat is "those who strive in the path of allah" (jihadis)

3 posted on 04/01/2012 8:07:59 AM PDT by PapaBear3625 (In a time of universal deceit, telling the truth is a revolutionary act. - George Orwell)
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