used a comprehensive legal framework in order to implement it practically. The zakat workers used to be sent out to collect and to distribute the zakat by Prophet Muhammad S.A.W. In Malaysia‚ the implementation of zakat is practically the same as what had been done by Prophet Muhammad S.A.W. Generally‚ every state in Malaysia has its own zakat institution and has its own duty regulations. However‚ the effectiveness of the duties is based on several factors namely expansion of new resources for zakat
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WHAT ARE THE BENEFITS OF READING BOOKS? 10 Benefits of Reading (or Ways Reading Makes You Better at Life) I’ve found that no matter what I read‚ the act of reading every day has helped me in nearly every aspect of my life. Here are a few of my favorite ways that reading has improved my quality of life‚ and will definitely improve yours. 1. Mental Stimulation Studies have shown that staying mentally stimulated can slow the progressof (or possibly even prevent) Alzheimer’s and Dementia‚ since keeping
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Is a Lease with Purchase Option A Good Choice for You? Are you having trouble meeting the bank’s strict guidelines for obtaining a mortgage? A lease with purchase option is a viable alternative for anyone looking to buy a home. Understanding what this purchase option really is and what it involves will help you make an informed decision. Since the housing bust of a few years ago‚ lenders have toughened up their lending guidelines‚ making it harder for many people to qualify for a mortgage. Their
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TAX MANAGEMENT [pic] LESSONS FROM HISTORY Lessons From History [pic] Taxes are as old as recorded history. They are mentioned in ancient Sumer around 3‚000 B.C. Tithing‚ the practice of pledging ten percent of one’s wealth‚ was commonly practice among ancient peoples and still is used today by some religious groups in the United States. Rome collapsed when taxation reached fifty-two percent and when taxes imposed on the colonies reached twenty-three percent‚ that was considered
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Buying a Car: What to Know before You start the process Know the Invoice Price. Invoice price is what the dealer pays the manufacturer for the car; the manufacturer’s suggested retail price (MSRP‚ or “sticker price”). Knowing the invoice price of your car will tell the dealer that you mean business and expect a good deal. Don’t walk into the dealership without this information. Check the Manufacturer’s Website for Rebates. Many buyers will qualify for multiple rebates‚ some of which may not even
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1) Yesterday‚ I decided to get on a plane and take a trip. I found myself in a wonderful place. One of the most amazing things I saw was a huge white building that looks like a palace -- but it’s really a tomb for a dead woman! Seems when the man’s wife died‚ he was so upset he wanted to build her the most beautiful tomb in the world. The architect who designed it was "rewarded" by having his eyes pulled out! (Some people say his hands were crushed too.) Whatever really happened‚ it was done so the
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Paying Student-Athletes Paying Student-Athletes Imagine this; Mr. Perfect‚ a highly successful college football student-athlete‚ is shattering every record once held in the sport. He is on the cover of ESPN and SI magazine. His face is plastered on televisions nationwide. Everyone knows his face and name. He has all the fame that he dreamed of‚ but he has no money. NCAA rules state that no student-athlete can obtain a job. His full ride scholarship‚ after classes and books‚ barely
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TAX AVOIDANCE vs. TAX EVASION From the time taxes were first imposed on American citizens‚ people have been trying to find ways to escape paying them. While some taxpayers continue to find legal ways to avoid paying a portion of their taxes‚ others simply choose to evade taxes or not pay them at all. Avoiding taxes and evading taxes may sound like similar actions‚ but the two terms have very different meanings. Avoiding taxes can be accomplished though various legal means‚ whereas evading taxes
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Female Stereotypes in Advertising – I’m not Buying It. We have all seen the ads in magazines and on television for new and improved goods‚ but most consumers never take the time to look into the different schemes that advertisers often exploit. One example of this trickery is stereotyping. Because stereotyping is unconsciously overlooked time after time by the consumer‚ companies use this scheme to effectively place their product in “acceptable” circumstances. While stereotypes are found in
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Justin Norman ECON 201: Short Paper 12/05/2012 Tax Reform There is effect when you talk about taxing a country as a whole and founding out that it actually helps or sometimes the functionality of the country to reform taxes as they weather away as time goes on. It was the unfair and demanding taxes the British put on the colonies in the 1700‚ as the American colonies were finding their identity and still under British rule‚ in which it lead to a Revolution. Nowadays‚ there is simply
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