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The Role of Zakat in Islamic Finance: Purifying Wealth through Giving | #islamic finance

The Role of Zakat in Islamic Finance: Purifying Wealth through Giving

The Role of Zakat in Islamic Finance: Purifying Wealth through Giving

The article provides an in-depth introduction to zakat, a fundamental pillar of Islam, and its pivotal role in Islamic finance. Zakat, an obligatory act of charity, aims to purify wealth and promote social welfare by redistributing resources from the wealthy to the less fortunate.