Building ‘Islamic will’ vital in achieving human dignity — Jordan's Prince Hassan
Published 13 Sep,2020 via The Jordan Times AMMAN — Institutionalising Zakat and solidarity is “a human tendency rather than a religious obligation in light of the human cost of conflicts in the world, HRH Prince Hassan, president of the Arab Thought Forum (ATF), has said.
According to Islamic law, or Sharia, Zakat is one of the five pillars of Islam, a tax that requires paying 2.5 per cent of what a Muslim owns in cash money, gold, silver, cattle, farms and rentable assets, in alms.
During a recently held virtual meeting of the ATF on the role of Zakat and Awqaf (endowments) in alleviating the impact of the COVID-19 pandemic at the social and economic levels, Prince Hassan said that “institutionalising Zakat is part of human endeavours to prove that the institutionalism is instilled in our cultures".
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later