Outline the Muslim teachings on Wealth and Poverty

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Outline the Muslim teachings on Wealth and Poverty

Muslims believe that there is one creator, Allah, who gave them life and made them the person they are at this present time. As you look around you at the wonders of the universe you again see the work of our creator. Allah is the one and only, He is the universal God of all humanity. He is the most powerful and beyond anything human beings can imagine. Allah created the universe, cares for it and sustains it. All things are created by Allah and there are many signs of Allah’s power.

Wealth is indeed one of the tests from Allah. Muslims are expected to be generous, kind and compassionate with their wealth. They have a duty to care for the poor and those in need. All wealth belongs to Allah. Muslims spend their money in different ways, but they are commanded by Allah to give generously and in the right way.

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Zakah is the third pillar of Islam. All Muslims who have a certain amount of wealth must give a percentage if their savings, once a year to help the poor. Zakah has many advantages such as purifying your heart and curing your greed. Zakah is 2.5 percent of your savings each year. It should not take money away from what a Muslim needs to support their family. Zakah has to be sent under fixed headings like helping the poor, the needy, payment of salaries to it’s collectors, to free captives and those in debt, for travellers in need, to ...

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