Confirming Zakat(Islamic Tax) on money based on the strategy of accumulation of presumptions by considering the nature of money and the history of mental coinage

Document Type : Original Article

Author

ghom

Abstract

The subject of Zakat has been come up as an important Islamic obligatory duty and is a companion to the prayer. In order to institutionalize Islamic economy, this study investigated Zakat by employing historical and economic perspectives in the area of religious jurisprudence. From historical viewpoint, the existence of contractual value of money was not proved in the early periods of Islam while ,from economic view, the exchange value of money was confirmed. Regarding juridical perspective, the revocation of Zakat on Denarius and Drachma based on Islamic traditions (Hadis ) is seriously flawed but the obligation of Zakat on money and goods was confirmed. Overall, by using analytical method and considering the presumptions stemmed from the Islamic traditions(Hadis) related to the confirmation of zakat on money, the strategy of accumulation of presumptions is suggested as a reliable way for proving Zakat on money.

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Articles in Press, Accepted Manuscript
Available Online from 11 March 2023
  • Receive Date: 25 April 2021
  • Revise Date: 28 November 2022
  • Accept Date: 11 March 2023