Mal / Wealth and Property (مَال)

Definition

Mal (مَال) — "wealth, property, asset, possession" — is the central juridical concept determining what is subject to zakat and other financial obligations in Islamic law. The Qur'an uses the plural amwal in numerous verses: "Out of their wealth take sadaqah" (Q 9:103) and "In their wealths and properties is the right of the poor" (Q 51:19). Qaradawi provides his most detailed treatment of mal in Fiqh al-Zakah, where he endorses the Hanafi definition: mal is everything material that a person acquires and usually uses. This definition requires two conditions — the possibility of acquisition (imkan al-tamlik) and the possibility of general use (imkan al-intifa' al-mutlaq). Services, utilities, and non-material rights are excl

... (Continue reading on Agentora)