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Zakat Fundamentals: Exploring Objectives and Wealth Classification

Unpack the definition and significance of Zakat, while gaining the practical knowledge you need to calculate your contribution, with this online course from INCEIF.

Duration

3 weeks

Weekly study

1 hour

100% online

How it works

Unlimited subscription

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Understand and calculate Zakat with INCEIF University

Zakat is one of the Five Pillars of Islam. It requires all Muslims to donate a portion of their wealth to charity.

On this three-week course from INCEIF University, you’ll build the knowledge and understanding you need to practise Zakat. Beginning with an overview of Zakat’s application through history, then moving through practical information for your own calculations, this course provides the foundation you need to fulfil your religious obligations and contribute to the good of society.

Discover the purpose and impact of Zakat

You’ll start the course with an overview of the definition, administration, and objectives of Zakat.

You’ll explore the many benefits of Zakat for givers, recipients, and Muslim society as a whole.

Learn to differentiate between Zakat al-Fitr and Zakat al-Mal

In Week 2 of the course, you’ll get stuck into the nitty gritty of calculating Zakat. You’ll learn how to identify and categorise assets that are subject to Zakat, including money, gold, silver, agricultural produce, and livestock.

You’ll also take a closer look at the two main kinds of Zakatable wealth: Zakat al-Fitr and Zakat al-Mal.

Guided by Islamic finance experts over the three weeks of the course, you’ll arrive at an in depth understanding of Zakat and its importance for society.

Week 1
Introduction
- Welcome to the Course
  Welcome to an overview of Zakat. This week we will dive into the foundational concepts of Zakat.
- Overview of Zakat
  In this topic, we will explore the definition of Zakat, the conditions for both givers and recipients, the administration of Zakat as guided by the Quran, and the ethical constraints that guide this act of worship.
- Quiz
  Let's check your understanding.
- Key Takeaways
  Key takeaways from what we have learned in Week 1
Week 2
Zakat's Mission: Purpose and Impact
- Objectives of Zakat
  Building on our foundation from Week 1, where we explored the definition and significance of Zakat, we now journey deeper into the world of Zakat's objectives.
- Quiz
  Let's check your understanding on what you have learned during week 2.
- Key Takeaways
  In week 2, we uncovered the various dimensions of Zakat's impact on givers, recipients, Muslim society, and its role as an ethical alternative to Riba.
Week 3
Zakat's Treasury: Wealth Categories
- Types of Zakatable Wealth
  Explore various types of Zakatable wealth, such as money, gold, livestock, and agricultural produce.
- Key Takeaways
  Week 3 has been an eye-opening journey into the vast array of wealth and property that falls under the umbrella of Zakat. Let's look at the key takeaways from this week.
- Course Assessment
  The course assessment offers an opportunity to reinforce your understanding of Zakat, serving as a comprehensive evaluation of the knowledge you've gained over the past three weeks.