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Zakat, Islamic wealth management & wealth effects

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dc.contributor.authorZiyaad Mahomed
dc.date.accessioned2017-10-20T01:12:57Z
dc.date.available2017-10-20T01:12:57Z
dc.date.issued2016
dc.description.abstractThe purification of wealth through charity is considered a significant part of the trusteeship of wealth or wealth management. In the Quranic verses 17:26-27 & 29-30, Almighty Allah clarifies the right that the deserving and the needy have over the wealth entrusted to man, further instructing that these rights be fulfilled as a financial obligation. For example, hoarding excessive wealth (wealth that is not invested) is actually irrational as zakat is charged on all financial and real assets, resulting in a negative rate of return (zakat rate) Al-Jarhi (1985).en_US
dc.identifier.citationMahomed, Ziyaad. (n.d.). Zakat, Islamic wealth management & wealth effects. CIWM Bulletin, Special Edition (2013-2015), pp. 14-16.en_US
dc.identifier.urihttps://ikr.inceif.edu.my/handle/INCEIF/2699
dc.languageEnglish
dc.language.isoenen_US
dc.publisherCIAWMen_US
dc.rights2016. INCEIF
dc.sourceKMC
dc.subjectZakaten_US
dc.subjectWealth effectsen_US
dc.subjectIslamic wealth managementen_US
dc.titleZakat, Islamic wealth management & wealth effectsen_US
dc.typeNewsletter & Bulletinen_US
dlc.maintopicIslamic wealth management
dlc.subtopicZakat
dspace.entity.typePublication
ikr.doctypeExpert Insights
ikr.topic.maintopicIslamic wealth managementen_US
ikr.topic.subtopicIslamic wealth managementen_US
relation.isAuthorOfPublication4f8b920e-6954-48c5-aa66-888d6fa99924
relation.isAuthorOfPublication4f8b920e-6954-48c5-aa66-888d6fa99924
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relation.isAuthorOfPublication.latestForDiscovery4f8b920e-6954-48c5-aa66-888d6fa99924
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