Howling at the Moon
…commodities of one’s ongoing business. For example, a car salesperson that deals in thousands of car sales annually might have no less than 100 cars at any one time, but that is not taxed. They say the rationale here is that Islam encourages investment. It is also about avoiding hoarding. Sorry, Mr. McDuck, you’d have to pay hefty just because you like to sit on your gold. The Qur’an describes those who receive this amount: the traveler (which in…
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