Ṣadaqah in Islamic Terminology

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What is the Nisab amount in Egyptian Pounds, given that the price per gram of pure gold is 4000 Egyptian Pounds?

450,000 Egyptian Pounds

340,000 Egyptian Pounds (correct)

255,000 Egyptian Pounds

510,000 Egyptian Pounds

What is the Zakāh rate in a solar/calendar year of 365 days?

1.5%

2.577% (correct)

3%

2%

How is Sadaqah defined?

A specific type of business investment

Voluntary charity (correct)

Compulsory almsgiving

Payment made to fulfill Zakāh requirement

What are the types of benevolent offerings mentioned in the text?

Zakāh and Sadaqah Signup and view all the answers

Who are the recipients of Zakāh according to the text?

The poor, needy, and other specific categories identified in the Holy Qur’an Signup and view all the answers

In Islamic finance, what does Nisab represent?

Exemption limit for Zakāh payment Signup and view all the answers

Which category does Sadaqah fall under?

Nonfinance-related acts of charity Signup and view all the answers

Sadaqah differs from Zakāh in that:

Sadaqah has no fixed amount or obligation, unlike Zakāh. Signup and view all the answers

Wasiyyah is closely related to which aspect of Islamic practice?

Islamic inheritance laws Signup and view all the answers

Sadaqah can be best described as:

Voluntary charity or optional alms-giving Signup and view all the answers

Ṣadaqah in Islamic Terminology

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Questions and Answers

What is the Nisab amount in Egyptian Pounds, given that the price per gram of pure gold is 4000 Egyptian Pounds?

What is the Zakāh rate in a solar/calendar year of 365 days?

How is Sadaqah defined?

What are the types of benevolent offerings mentioned in the text?

Who are the recipients of Zakāh according to the text?

In Islamic finance, what does Nisab represent?

Which category does Sadaqah fall under?

Sadaqah differs from Zakāh in that:

Wasiyyah is closely related to which aspect of Islamic practice?

Sadaqah can be best described as:

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