In many conversations across saudi arabia, zakat is often casually referred to as “income tax.” while this comparison may seem convenient, it is fundamentally incorrect. Considering zakat as a form of taxation, this paper attempts to apply the principle of economic efficiency and the associated key concepts to zakat. Considering zakat as a form of taxation, this paper attempts to apply the principle of equity and the associated criteria,.
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Secondly, the paper aims to examine issues related to the implementation of zakah in modern time by reviewing the practices of zakah and taxation in the early islamic period and exploring the issues in.
Thus, at least from this perspective, zakat can be compared to taxes.
This study explores the comparison between zakat and tax within the framework of maqasid sharia perspective. Pdf | this study explores the comparison between zakat and tax within the framework of maqasid sharia perspective. Learn how zakat works as a tax rebate in malaysia. With real rm calculations, find out if you can legally pay zero income tax by fulfilling your zakat obligation.
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