ISLAMABAD — According to Hanafi scholars, Zakat funds cannot be directly used to purchase machinery for hospitals unless the ownership is transferred to a rightful Zakat beneficiary. The principle of tamlīk, or granting ownership, is essential for the proper distribution of Zakat, and using Zakat solely for general welfare without establishing ownership is not considered […]
Zakat
Pakistanis donate over $2 billion in Zakat annually, study reveals
A new study has revealed that Pakistanis contribute more than £1.7 billion ($2.19 billion) annually in zakat. This significant amount highlights the generosity of Pakistani Muslims, who donate 2.5% of their savings to those in need. According to the research by the International Center for Tax and Development (ICTD) and Lahore University of Management […]
Financial inclusion and Zakat
Financial inclusion is getting increasingly popular across the globe as a development policy agenda, particularly among the developing countries. Programmes for increasing financial inclusion are gaining momentum by the day. The concept gained early currency in early 2000s. It is now getting support from global development agencies as a priority development agenda because it helps […]
Speaker snubs over-stepping of food department
Speaker Chaudhry Pervaiz Elahi grilled minister for Food Samiullah Chaudhry on Monday during the question-hour in ongoing session of the Punjab Assembly as he failed to satisfy the House regarding the performance of his department. As per the details, MPAs and Speaker were equally annoyed over the hyperactive role of the Punjab Food Authority in […]
NAB initiates probe into CMCH Zakat funds allocation
LARKANA: The National Accountability Bureau (NAB) Sukkur has initiated probe into Zakat funds allocated to the Chandka Medical College Hospital in Larkana. In this connection, a letter issued to the CMCH Medical Superintendent (MS) said that “the competent authority has taken the cognizance of the alleged offence(s) committed by officers/officials of Social Welfare Department/Zakat and […]