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Zakat in islam ESSAY
Wri important of zakat
Wri important of zakat
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Recommended: Zakat in islam ESSAY
Zakat is the third pillar of Islam. It is an Arabic word, and translates as purification or growth. It is generally thought of as a tax, as the contributor should pay 2.5% of their wealth to charity. However, Zakat is valued not because of the money given, but the motive behind it. The intentions for giving Zakat should be pure, and simply about pleasing Allah, and earning good deeds. The reasons why we are obliged to pay it is that everything belongs to God, and that wealth is merely loaned to us from Allah, and that we should look after it and use it well. Our possessions are purified by setting aside a portion of it for those in need. Moreover, paying Zakat raises our self esteem as we know that we have performed an act of humility. A reference from the Quran states: “You will not attain piety until you give what is dear to you.” This means that you are only a humble servant of Allah if you share your wealth with others. If you do not, you will never accomplish piousness, and will not be classified as a true Muslim. Zakat is paid annually, and is given to a collector in Ramad...
Carnegie’s essay contains explanations of three common methods by which wealth is distributed and his own opinions on the effects of each. After reading the entire essay, readers can see his overall appeals to logos; having wealth does not make anyone rich, but using that wealth for the greater good does. He does not force his opinions onto the reader, but is effectively convincing of why his beliefs make sense. Andrew Carnegie’s simple explanations intertwined with small, but powerful appeals to ethos and pathos become incorporated into his overall appeal to logos in his definition of what it means for one to truly be rich.
In the The Brief and Wondrous Life of Oscar Wao by Junot Diaz, fukú and zafa are forces depicted as interconnected opposites of each other: fukú is represented as the evils of colonization, and zafa is depicted as the counterspell to fukú. When fukú is first introduced in the book, it is not mentioned without zafa. Throughout the book, fukú is depicted as a faceless man, and zafa is depicted as a golden mongoose. Zafa predates fukú, and continues keeping the de León family safe from harm, whether the family is endangered by the Trujillo regime or not. While at first the novel seems to show them as interconnected forces, the details provided throughout the novel allude to the idea that zafa (good) is more powerful than fukú (evil).
...ness. We should just “love our life, poor as it is” as poor people would yield “the most sugar and the most starch.” Therefore, we should be unique and should never care about money in this material world.
Wealth is something that all mankind wish to obtain in great amounts. Wealth has been aspired since the Gilded Age and has not yet failed to continue being the number one concept on an individual's minds. Not all, in fact very few reach the ladders of wealth in which one can live in ultimate comfort. Many are left to live in ghastly situations and life styles of living. Is it more beneficial to live in a world of two classes the rich and the poor or in a world where the wealth is spread amongst mankind? A man named Andrew Carnegie, which of whom had great wealth and power, explains his idea of the gospel of wealth as it pertains to the system of competition and survival of the fittest and its advantages and disadvantages towards this country.
The Millionaire Next Door written by William Danko and Thomas J. Stanley illustrates the misconception of high luxury spenders in wealthy neighborhoods are considered wealthy. This clarifies that American’s who drive expensive cars, and live in lavish homes are not millionaires and financially independent. The authors show the typical millionaire are one that is frugal, and disciplined. Their cars are used, and their suits were purchased at a discount. As we read the book from cover to cover are misconceptions start to fade. The typical millionaire is very frugal in all endeavors and finds the best discounts possible. A budget is implemented daily, monthly, and annually for a typical millionaire. They live by the budget and are goal oriented. Living well below their means is crucial for a millionaire, and discovering ways to allocate time and money more efficiently. The typical millionaire next door is different than the majority of America presumes. Let’s first off mention what it is not. The typical millionaire is surprisingly not the individual with the lavish house worth a million dollars, owning multiple expensive cars, a boat, expensive clothes, and ultimately living lavishly. The individual is frugal and often looks for discounts for consumable goods. The book illustrates the typical millionaire in one simple word: frugal. It is shocking to believe that this is true, but it does make sense. To achieve financial independence is inherently more satisfying and important than accumulating wealth. According to the book the majority of these millionaires portray characteristics of being sacrificial, disciplined, persistent and frugal. In the book it states, “Being frugal is the cornerstone of wealth-building. Yet far too often th...
that money does not buy you respect or manners and does not make you a
means is that you cannot be too attached to your money or it will lead
It is also believed that wealth should be non-existent. This is only possible if cl...
It is important, now, to understand what it means to be reasonably detached and how extreme detachment or attachment contribute to the related vices, extravagance and stinginess respectively. To be reasonably detached from the value of money is to view money's value, and by extension, that of material goods, for it's ability to aid in survival and raise quality of life. \ari clearly states that the generous individual chooses to give material goods to others for these properties, so much so that the generous individual might be inclined not to look out for
If you were born a poor peasant, you would never become a rich king or queen, no matter how hard you worked.
Speaking on Wealth, Lady Philosophy says, “wealth cannot make a man free of want and self-sufficient, though this was the very promise we saw it offering” (83). Moreover, Philosophy points out that the gathering of wealth does not stop people from taking that wealth away (83). Indeed, by its very nature, wealth seems contradictory. If we collect wealth, we believe we will be self-sufficient and free of want, so we hoard it; But “being miserly always makes men hated” (65). In its acquisition, wealth takes away from others, as it is a limited thing, and only brings hatred and paranoia to those who gather it. “[I]t is only when money is transferred to others in the exercise of liberality and ceases to be possessed that it becomes valuable” (65). The acquisition of wealth, then, is folly and can never grant true happiness.
Money is a necessity in everyday life within the modern world and there are different ways to define money due to a variety of perceptions and views held by a wide range of people. However it is widely accepted that money is defined as a tool that serves as a medium of exchange, a unit of account which means that it is an agreed measure for recording the prices of goods and services, and a store of value. It also has to be firstly acceptable as a medium of exchange, durable, convenient for usage and finally divisible. There are different types of money which are Commodity Money, Convertible Paper Money, Fiat Money which isn’t convertible, Private Debt Money which are deposits and Composite Currencies such as the Euro.
All religions have a backbone, a systematic instruction on how to demonstrate devotion to the religion and what it stands for. Those of Islamic faith have pillars; the most fascinating one is the Almsgiving, known as Zakah. The Zakah has been practiced for centuries, although it is not associated with Islamic religion. The Zakah has taught that financial gain and success is Allah’s gift, excess wealth that was not necessity needs to be shared with all of Allah’s children. The Zakah is a privilege that an Islamic person can bestow on others in the name of Allah.
It is no doubt that money is something that is needed in everyone’s lives. Our clothes, food, health insurance, education, and so many more require money. Many individuals understand the significance and benefits of money. When you have good income and financial resources, you will be given freedom and choices in this life. There are some people who love to gain dsemore money and there are also some people who loathe spending money even on necessary things. These are called money attitudes, in other words, people’s personalities towards money. There are studies and researches on people’s attitudes towards money because it influences them financially and it can determine whether they can achieve financial success or not. There are three basic
He who considers wealth a good thing can never bear to give up his income; he who considers eminence a good thing can never bear to give up his fame. He who has a taste for power can never bear to hand over authority to others. Holding tight to these things, such men shiver with fear; should they let them go, they would pine in sorrow. They never stop for a moment of reflection, never cease to gaze with greedy eyes--they are men punished by Heaven(Taoism. Chung Tzu 14).