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Economics
Types of Zakat and its Quantity
Zakat is of two types, Obligatory and recommended. Obligatory Zakat is again of two types. The Zakat of wealth and the Zakat of body (Fitra). The Zakat of wealth is for nine items: Four food grains (Wheat, barley, dates and dried…
Non–Payment of Zakat is a Great Sin
Non-payment of Wajib Zakat is a greater sin.. The traditions of Imam Muhammad Taqi (a.s.), Imam ‘Ali Riďa (a.s.), Imam Mūsa Kadhim (a.s.) and Imam Ja’far as-Sadiq (a.s.) to this effect are mentioned by Abdul Azīm. The Holy…
Why does Zakat become Wajib?
There is hidden wisdom in making Zakat and other charities obligatory. Some of them are mentioned in traditions. For example such duties are a kind of test for wealthy people, that whether Allah (S.w.T.) is more dear to them or these…
The Method of Lending and Borrowing in Islam
Authentic traditions have greatly emphasised the rewards that are promised for the one who lends. On the other hand, those who avoid this good deed have severe punishment in store. Sometimes it is obligatory to lend and not prohibited to…
The Dominion of the Wali al-Faqih
When considering that Wilayat al-Faqih represents the keystone of Imami political doctrine in the Era of Greater Occultation, it is essential that we assess the scope and domain of its authority. For our present subject, we must take…
Concept and Purpose of Economics in Islam
We had examined the prevailing opinions of both religious and secular Muslims, as well as the prevailing system of Zakat in some so-called Muslim countries. We had concluded that the concept and practice of Zakat has been reduced to a…
Directions to assessors and collectors of Zakat.
These directions clearly show what form of regime it was that Imam Ali (a) wanted to introduce. It was not to be a regime whose officers had an upper hand and were fattened on public money. It was to be a regime where the governed and…
Imam Sadiqs Treatise on the Spoils of Wars and the Obligation of Khums
I understand what you have mentioned concerning your interest in having knowledge of the conditions of Allah`s satisfaction and how the share of the Prophet`s relatives was withheld. Now, listen attentively and consider…
The Economic Life During The Age of Imam Reza(A.S.)
Islam takes great care of combating against poverty, for it regards it as a destructive disaster which should be driven away from the public life, and hence it has made it incumbent on Muslim rulers to develop economy, to increase…