is zakat tax
The Prophet Muhammad on him be peace established Zakat as the third of the five pillars that Islam is built on. Similar Questions Allocating zakat liability to pay ones taxes. Tax Of Muslim Zakaat Information List Islamictax क तन रक म पर क तन ज क त न क ल While Zakat is not that compulsory tax is compulsory. . Value Added Tax or VAT is an indirect tax imposed on all goods and services that are bought and sold by businesses with a few exceptions. In short claiming zakat means we are not paying the government any tax for the amount of the zakat. It helps finance development projects etc. When you say the money return you received is part of the 500 dollars zakat that is totally incorrect. Every citizen irrespective of being rich or poor has to pay tax. All members of the society. We are registered in Illinois as Zakat Foundation of America. As you indicated you will only have to pay zakat on the money you rec