Zakat Utilization | MCQs

Explanation

Gold 7.5 tola

Silver 52 1/2 tola

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VU CBT FIA PAPER 26-12-2021

Explanation

With the literal meaning of the word being 'to cleanse,' Muslims believe that paying zakat purifies, increases and blesses the remainder of their wealth.

zakat is a religious duty for all Muslims who meet the necessary criteria of wealth. 

Zakat literally means Purification.

When Zakat was made compulsory in 2 A.H.

The word Zakat occurs 32 times in the Holy Quran.

Hazrat Abu Baker did Jihad on the issue of Zakat