Post Utme Rhema University 2019 Irs Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Rhema University Irs examination.

Post Utme Rhema University 2019 Irs Objective / Multiple Choice

Question 29 POST_UTME_RHEMA_UNIVERSITY • 2019 • IRS • objective

What is the concept of 'zakat' in Islamic economics, and how does it relate to the Five Pillars of Islam?

Answer Options

Correct Answer A. Zakat is a form of charity that is obligatory for Muslims.

B. Zakat is a form of taxation that is used to fund public goods.

C. Zakat is a form of investment that is used to promote economic development.

D. Zakat is a form of savings that is used to reduce poverty.

Correct Answer

Correct Option:

Zakat is a form of charity that is obligatory for Muslims.

About This Question

This is Post Utme Rhema University 2019 Irs Question 29. It is one of the objective questions from the 2019 Post Utme Rhema University Irs examination.

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