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Subject - Zakat

Zakat and Purging

Date: 17 SEP 2022
Answered By: Management


Is Zakat and Purgng same


NO. Zakat and Purging is totally different. Zakat is compulsory for those whose wealth crosses the limit of 'Nisab' after the completion of a period of one lunar calendar. On the other hand, Purging is purifying the impure income accrued on account of investment in any securities, Funds, ETFs etc.

Allah Knows Best...