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In My Pocket. " In My Pocket " is a song by American singer Mandy Moore for her self-titled second studio album as its opening track. It was released on May 1, 2001, by Epic Records as the lead single from the record. The song was written by Randall Barlow, Emilio Estefan, Liza Quintana, and Gian Marco Zignago and produced by Estefan and Barlow ...
Money in Islam. The free market principle is an Islamic principle as cited per the primary islamic source in the Quran. [citation needed] Islam considers commodities with intrinsic value as currency. [citation needed] The following are some examples of commodities that can be used as currency: gold (as Gold Dinar), silver (as Silver Dirham ...
v. t. e. In Sharia (Islamic Law) niṣāb (نِصاب) is the minimum amount of wealth that a Muslim must have before being obliged to give zakat. Zakat is determined based on the amount of wealth acquired; the greater one's assets, the greater the zakat value. Unlike taxable income in secular states, niṣāb is not subject to special exemptions.
e. () Apostasy in Islam (Arabic: ردة, romanized:ridda or ارتداد, irtidād) is commonly defined as the abandonment of Islam by a Muslim, in thought, word, or through deed. It includes not only explicit renunciations of the Islamic faith by converting to another religion [ 1 ] or abandoning religion, [ 1 ][ 2 ][ 3 ] but also blasphemy or ...
Islam portal. v. t. e. Jizya (Arabic: جِزْيَة, romanized: jizya), or jizyah, [1] is a type of taxation historically levied on non-Muslim subjects of a state governed by Islamic law. [2] The Quran and hadiths mention jizya without specifying its rate or amount, [3] and the application of jizya varied in the course of Islamic history.
In Islamic jurisprudence , Bai-muajjal, also called bai'-bithaman ajil, [284] or BBA, is a credit sale or deferred payment sale, i.e. the sale of goods on a deferred payment basis. In Islamic finance, the bai' muajjal product also involves the price markup of a murabahah contract, and a murabahah product involves a bai-muajjal deferred payment.
Zakat (or Zakāh) is one of the five pillars of Islam. Zakat is the Arabic word for "Giving to Charity" or "Giving to the Needy". [a][3] Zakat is a form of almsgiving, often collected by the Muslim Ummah. [1] It is considered in Islam a religious obligation, [4][5] and by Quranic ranking, is next after prayer (salat) in importance. [6]
t. e. Islamic economics (Arabic: الاقتصاد الإسلامي) refers to the knowledge of economics or economic activities and processes in terms of Islamic principles and teachings. [ 1 ] Islam has a set of special moral norms and values about individual and social economic behavior.