The Legal Purposes of the Charity “Zakat’’ and Its Impact on Achieving Economic Development

Abstract

The research seeks to achieve its objectives through the hypothesis that is not one of the first requirements in this era, to re-read the jurisprudential guide to zakat in the light of the financial and tax data within the framework of the legitimate objectives and interests observed in Islam. If the answer is definitely (yes), then what are the economic dimensions of development in zakat? Islam has always been the first to advance all new ideas that would develop and improve life in general, and the concept of development is one of the basic concepts in the Islamic religion, which has been known by other synonymous names such as reconstruction, good life, and architecture. I do not think that an obligation and ritual such as zakat is related to the construction of Islam. Belief, legislative and value-based institutions are unable to perform their economic role in development and achieving economic goals, if they are activated in an efficient and positive manner.

The research concluded that zakat in its linguistic meaning is purity and development, and this is its reality, and in its terminological meaning: a forced financial deduction from the funds of the taxpayers, redistributed to specific and deserving beneficiaries. It is: a specific financial obligation that is due on the funds under specific conditions and in specific amounts and its proceeds are placed in specific banks. And that zakat contributes to achieving economic development in the Islamic environment by encouraging investment, and that investment in the Islamic environment takes a form different from its counterpart in capitalist society, and that zakat works to achieve economic efficiency and allocate the resources of society according to the real needs of its children, and that zakat contributes to securing the resource.

Financial resources that can be exploited to meet the basic needs of the poor and needy, and in light of the increasing numbers of refugees and displaced people globally, the need to provide more health services to them, especially to the sick, has increased.