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Tag Archives: Islamic tax

Video: Is Khums Obligated on Me?

“Khums” literally means “one-fifth” (or 20%). In Islamic legal terminology, it means “one-fifth of certain items which a person acquires as wealth, which must be paid as an Islamic tax”. The Qur’an mentions this tax in Surah Anfal verse number 41: “Know that whatever thing you acquire as profit, a fifth of it …

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