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Archive for February 2012

  • In: Zakat Issues
  • Comments Off on The Economic Position of Zakat

The importance of Zakat and its position as a very strong economic institution of Islam cannot be overemphasized. It’s one of the big and important sources of revenue in an Islamic. It’s one of the five basic pillars of our religion Islam.

Zakat is a form of financial worship that has been stressed by Allah (SWT) 83 times in the Holy Qur’an. Zakat as an institution plays an important role in the Islamic economic system. Zakat if enforced and implemented religiously will help in addressing most of our today ills of the society.

Zakat helps towards an equitable distribution of wealth among the Muslim Ummah where a lot of people belong to poor class would be supported. . Zakat is to be collected from the Business men and women, landlords, industrialists, farmers, cattle rearers and other rich persons of society and distributed to the poor and needy as ordained by Allah SWT.

 

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  • In: Zakat Issues
  • Comments Off on Zakat Foundation of Lagos distributed Zakat

Last Sunday, the Zakat and Sadaqat Foundation based in lagos distributed about N35million worth of Zakat proceeds to more than 180 beneficiaries across Lagos state at the Multipurpose Hall, Lagos State Secretariat Central Mosque, Alausa, Ikeja, Lagos.

Some of the items apart from cash given out includes tricycle (i.e. Keke Marwa), sewing machines, nylon sealing machines, a set of computer system, grinding machines, wheel chair and packing machines. Other items disbursed also included healthcare, education, accommodation, debt-relief and welfare empowerment.


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