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this post was submitted on 17 Sep 2023
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Asklemmy
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Ex-muslim here. I am not practicing most of its rituals other than zakat, as I feel like its one of those act that transcends any beliefs.
What is zakat?
Every year, out of all of your things that are not necessary like jewelery/saving or other non essential items, you are supposed to donate 2.5% of it, or equivalent in money, to a poor person.
Interestingly this would mean that a true muslim will probably never become a multi-billionaire.
If the amount is 2.5 %/yr of non-essentials, there is still lots of ways one could make money significantly faster with a good business strategy and lots of luck, and have a probability of eventually reaching a net worth in the billions. However, there's a difference between following the letter of the “law” and its spirit.