Search
Generic filters
Filter by Categories
Accounting
Banking

Islamic Finance




Sadaqah


A voluntary act (nafelah) that involves giving or donating to a person or charity. By nature, sadaqah (in Arabic script صدقة) is not sanctioned or imposed by sources of shari’a (primary and/or secondary) as is the case with zakah, and hence it is subject to no specific rules or conditions. However, it commendable (mandoob/mustahabb). Shari’a maintains that sadaqah given without public announcement or showing off by the giver appeases the anger of Allah. Into sadaqah fall all good deeds and noble acts. Sadaqah comes in different types including financial help, benefit-free lending, all forms of assistance, good advice, and so on.



ABC
The last three decades have witnessed the modern rebirth of Islamic finance both in terms of literature and practice. Islamic banks and ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*