Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Michael Boyle is an experienced ...

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Crucially, it is not based on wealth accumulation over time but is a fixed contribution per person, making it one of the most inclusive forms of charity in Islam. 2.5 kilograms of staple food (such as ...

Doha, Qatar: The Zakat Affairs Department at the Ministry of Awqaf and Islamic Affairs has officially announced the mechanism for calculating Zakat Al-Fitr for the current year, setting the value at ...

Doha, Qatar: The Zakat Fund Department at the Ministry of Awqaf and Islamic Affairs has officially announced the value of Zakat Al-Fitr for the year 2026, setting it at QR15 per person. This decision ...

As the Muslim holy month of Ramadan reaches its halfway point, Aamina Zafar explores how Islam’s obligatory charitable contribution, known as Zakat, can affect Muslim savers’ retirement planning.

With the fasting month of Ramadan under way, many Muslims around the world are preparing to fulfil another essential pillar of their faith: Giving zakat. Zakat is a compulsory form of charity in Islam ...

SINGAPORE – Muslims paying fidyah will no longer have to make compounded payments, with the rate to be set at $4 a day for Ramadan 2026. Fidyah is a tithe paid by those who cannot fast because of ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. The ASB sets auditing standards for non ...

Formerly known as the Auckland Open, the ASB Classic is a WTA 250 tournament held on outdoor hard courts in beautiful Auckland, New Zealand. Since the first Open in 1956, women from all over the world ...

ASB could be hit with a $6.73 million penalty after admitting it breached money laundering and terrorism laws. The Reserve Bank of New Zealand (RBNZ) filed civil proceedings in the High Court against ...