https://open.spotify.com/episode/4d5aqHN79Woh8ziBz8IP4X?si=49d3e50b379548bd Introduction Democracy is defined as the freedom possessed by a people which bestows upon them the right of self-legislation according to what they deem fit. In other words, it is the "rule of the people, by the people, for the people." The ability to determine how to rule and what laws to enact translates … Continue reading The United States – A Case Study of the Non-Existent Democracy
Tag: Wealth
Q&A: Extent of State Involvement in Economics and Taxes
As-Salaamu Alaikum to our honourable Sheikh may Allah keep you safe and sound. I want to know the extent of the involvement of the Islamic State's authority in economics as a whole and then the extent of its authority in the enforcement of taxes (Daraa'ib). How are taxes regulated in general according to the Fiqhi understanding? … Continue reading Q&A: Extent of State Involvement in Economics and Taxes
Taxation in Islam: Wealth Tax
The following article is based on the book Funds in the Khilafah State which is a translation of Al-Amwal fi Dowlat Al-Khilafah by Abdul-Qadeem Zalloom. Allah (swt) has revealed a comprehensive economic system that details all aspects of economic life including government revenues and taxation. In origin, the permanent sources of revenue for the Bait … Continue reading Taxation in Islam: Wealth Tax
The Significance of Zakah
The word zakah is derived from its Arabic verbal root, meaning to increase, to purify, and to bless. The origin of the Islamic rule is in the Qur'an where Allah (Subhanahu wa ta’aala) commands: خُذْ مِنْ أَمْوَالِهِمْ صَدَقَةً تُطَهِّرُهُمْ وَتُزَكِّيهِم بِهَا "Take sadaqah (sadaqah) from their property in order to purify and sanctify (zakihim) them" … Continue reading The Significance of Zakah