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?

  • 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?

<p>Zakāh and Sadaqah (B)</p> Signup and view all the answers

Who are the recipients of Zakāh according to the text?

<p>The poor, needy, and other specific categories identified in the Holy Qur’an (D)</p> Signup and view all the answers

In Islamic finance, what does Nisab represent?

<p>Exemption limit for Zakāh payment (D)</p> Signup and view all the answers

Which category does Sadaqah fall under?

<p>Nonfinance-related acts of charity (C)</p> Signup and view all the answers

Sadaqah differs from Zakāh in that:

<p><strong>Sadaqah</strong> has no fixed amount or obligation, unlike <strong>Zakāh</strong>. (B)</p> Signup and view all the answers

Wasiyyah is closely related to which aspect of Islamic practice?

<p><strong>Islamic inheritance laws</strong> (C)</p> Signup and view all the answers

Sadaqah can be best described as:

<p><strong>Voluntary charity or optional alms-giving</strong> (A)</p> Signup and view all the answers

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