Daily News Online
   

Thursday, 25 August 2011

Home

 | SHARE MARKET  | EXCHANGE RATE  | TRADING  | OTHER PUBLICATIONS   | ARCHIVES | 

dailynews
 ONLINE


OTHER PUBLICATIONS


OTHER LINKS

Marriage Proposals
Classified
Government Gazette

Zakath in reality eliminates poverty

Basheer Segudawood
MP, (Batticaloa District)
Deputy Minister of Co-operatives and Internal Trade

Zakath is one of the five great pillars in Islam. The word Zakath carries a number of literary meanings, of which ‘Purified’ can be taken as the essence. It also means, increase and enlarge. This is because of the result in the purification of the properties and assets, from which it is given and that increases through Almighty Allah’s blessings.

Allah has commanded the payment of Zakath, in order to prevent human beings from humility, pride, arrogance and greed. And also Allah commands to eliminate many other adverse and unfortunate circumstances through Zakath. This institution of Zakath is mentioned 27 times, together with the establishment of the daily prayers, in the Holy Quran.

It is exactly a financial and economical obligation imposed upon Muslims, which is leviable from every person who possesses a certain minimum quantity of cash and kind or any other nature of assets. This too is both collective and individual and both prescribed and voluntary.

Fasting month

The distribution of Zakath and charity is authentically performed during the month of Ramadhan (Fasting month). The rate of Zakath is two and half percent on commercial capital, individual assets and profits. The assessment on commercial capital and profit is not as light as it appears. The assessment on commercial enterprises is levied on both capital and profits.

The object of this institution is not only to provide means for the relief of distressed and the promotion of the welfare of the economically less favoured section of the community, but also it discourages hoarding of money and commodities and thus ensures a brisk circulation of both, in resulting healthy economic adjustments.

Charity (Zakath) given with an enthusiastic and generous heart, helps to establish a bond of love, devotion and sincerity between the rich and poor and above all, with the Creator.

The Holy Quran expounds in detail, the principles upon which human relationship or dealing ought to be based. It stresses the need of co-operation and defines the limit of individual and collective right and obligations. It regulates the relationship between master and servant and lays down principles that ought to govern international relationship.

Alms and charity

The Holy Quran expressly enjoins that wealth should not be permitted to accumulate and it ought to be kept constantly in circulation. It does not permit any person to leave the whole of his property to one out of several heirs, and even to augment the share of one heir at the expense of another. It seeks to bring about equitable adjustments in distribution of wealth, through Zakath, alms and charity.

Through these means, it provides for the economic prosperity and stability of all sections of people.

On the occasion of ‘Id-ul-Fitr’ (Festival of Fast), it is obligatory upon every Muslim, man and woman, adult and child, before taking part in ‘Id-ul-Fitr’ prayers, to offer 2 1/2 kgs of rice, wheat or corn, consumed by the people of the particular nation, as contribution towards helping the poor. This is called ‘Sadakathul-Fitr’.

Even the poorest person is not exempted from this obligation. He who is able to afford, must nevertheless provide the contribution out that with which he may receive as charity on that day.

Zakath and charity invariably enhance fellow feelings, because fellow feeling is the first step towards the moral elevation of man, who often feels impelled from within, without reference to any law.

Islam is a stabilized way of life. It also advises the rich and wealthy to contribute generously for the poor and needy and for those who are eligible to receive charity.

At the same time it advises poor and all in general to work hard for their sustenance and not to resort to begging.

 

EMAIL |   PRINTABLE VIEW | FEEDBACK

www.lakwasi.com
www.apiwenuwenapi.co.uk
LANKAPUVATH - National News Agency of Sri Lanka
www.army.lk
Telecommunications Regulatory Commission of Sri Lanka (TRCSL)
www.news.lk
www.defence.lk
Donate Now | defence.lk

| News | Editorial | Business | Features | Political | Security | Sport | World | Letters | Obituaries |

Produced by Lake House Copyright © 2011 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor