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Why Muslims Give Zakat

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Zakat is far more than a financial obligation; it is an opportunity for spiritual growth, a means of supporting social welfare, and a path to establishing economic justice. By giving Zakat, Muslims express gratitude for Allah’s blessings, help those in need, and contribute to the ethical and financial stability of their community.

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The Fiqh of Money and Business in Islam

Posted in Business

Islam strictly forbids riba, which is the practice of charging interest on loans. This prohibition aims to prevent exploitation and promote fairness in financial dealings. Allah says in the Quran:
“O you who have believed, do not consume usury, doubled and multiplied, but fear Allah that you may be successful.” (Quran 3:130)

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