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Forums Forums Islamic Sharia Can Inflation Be Equal To State Taxes And An Offset To Mandatory Zakat Amount?

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  • Can Inflation Be Equal To State Taxes And An Offset To Mandatory Zakat Amount?

    Posted by Nadeem Minhas on May 11, 2021 at 8:20 am

    May I suggest that if Ghamidi Sahib has not given a thought into Inflation as equivalent to state tax and an offset to Zakat, he might want to consider looking into it. If he reaches a similar conclusion, it may help many people reduce their mandatory portion of Zakat.

    If he has already given it a thought and reached a conclusion, I can’t find it. Please share.

    Faisal Haroon replied 3 years, 1 month ago 2 Members · 1 Reply
  • 1 Reply
  • Can Inflation Be Equal To State Taxes And An Offset To Mandatory Zakat Amount?

    Faisal Haroon updated 3 years, 1 month ago 2 Members · 1 Reply
  • Faisal Haroon

    Moderator May 11, 2021 at 12:41 pm

    Inflation is caused by the financial system that we as humans have adopted. Zakat is an act of worship, and regardless of whatever financial system we adopt, we still have to adhere to it in letter and spirit.

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