Wednesday, April 3, 2013

Z


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WordMeanings
ZahiriA school of thought in Islamic jurisprudence of Sunni branch of Islam, the more well-known being Hanafi, Hanbli, Maliki andShafi'i. In Shia branch of Islam the well-know school is the Jafri school.
Zakah(See Zakat.)
Zakat(1) Religious tithe
(2) Voluntary almsgiving (Lit: purification)
(3) Religious levy or almsgiving as required in the Holy Qur’an and is one of the five pillars of Islam.
(4) Zakat is the third pillar of Islam −a levy on wealth, which is defined by the Quran on all people having wealth above a prescribed level. The levy must be spent on any of eight categories of beneficiaries. The purpose is to redistribute wealth from the wealthy to the needy. The distribution of zakat funds has been laid down in the Quran, and is for the poor, the needy, zakat collectors, new converts to Islam, travellers in difficulty, captives and debtors, etc. It is payable if the owner is a Muslim and sane. It is an obligatory contribution that every well-off Muslim is required to pay to the Islamic state, in the absence of which individuals are required to distribute the zakat among the poor and the needy as prescribed by the Shari’a.
(5) The third out of five pillars of Islam. A religious tax on Muslims having wealth over and above an exemption limit (Nisab) at a rate fixed by the Shar¯ı´ah. As such, it is not a tax on income, but on the assets held by a Muslim at a prescribed date (a Zakat day has to be determined for calculation of Zakat money to be paid annually) over and above the amount of Nisab after fulfilment of the normal needs of the owner. The objective is to take away a part of the wealth of the well-to-do and to distribute it among the poor and the needy. It is levied on cash, cattle, agricultural produce, minerals, capital invested in industry and business, etc. The rates are different for different natures of assets. The recipients of Zakah funds have been identified in the Holy Qur’¯an (9: 60) and are the poor, the needy, Zakah collectors, new converts to Islam, travellers in difficulty, captives and debtors and for the cause of the Almighty.
(6) Lit: blessing, purification, increase or cultivation of good deeds. An obligatory contribution or tax which is prescribed by Islam on all Muslim persons having wealth above an exemption limit at a rate fixed by the Shari'ah.  Zakat is the third pillar of Islam. According to the Islamic belief Zakatpurifies wealth and souls.  The objective is to take away a part of the wealth of the well-to-do and pay it to the Islamic state in the absence of which distribute it among the poor and needy.  It is levied on cash, cattle, agricultural produce, valuable assets, capital invested in industry or business or any other forms that could be termed as wealth.  The distribution of Zakat fund has been laid down in The Qur'an “Alms are for the poor and needy, and those employed to administer the (funds), for those whose hearts have been (recently) reconciled (to Truth); for those in bondage and in debt; in the cause of Allah; and for the wayfarer: (thus is it) ordained by Allah...” (9:60). Also known asZakah.
Zakat al MaalAn annual levy on the wealth of a Muslim (above a certain level). The rate paid, differs according to the type of property owned. This tax is earmarked for amongst others for the poor and needy.
Zakat Fitr(1) Zakat (religious tithe) due from the start of Ramadan until the prayer ending Ramadan (eid al-fitr)
(2) Payable by every Muslim able to pay, at the end of Ramadan (the month of fasting). This is also called Zakat al-Nafs (Poll Tax).  
Zulm(1) Injustice, usurping others’ rights, not giving proper recompense in an exchange by way of any illegal act or coercion.
(2) Injustice, oppression, exploitation, encroaching upon the rights of anyone or usurping other's rights; not giving proper recompense in an exchange by way of any illegal act or coercion.



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