Yes and no. Its complicated.
Its a sin not to do it. It’s obligatory between you and God. No one can force you, but its a part of the religion. Makes sense?
Charity, if you don’t do it, it’s not a sin.
Islams Tax (what is called Zakat) is not charity. Tax, has a specific calculation (2.5% of the value), and an asset has to meet certain criteria (eg. 1 year unused) for it require the owner to pay its taxes, and the money goes to specific groups of people (the orphans, poor, etc etc). I am keeping it simple here, this is very difficult to explain in text.
Charity is what ever you want to whomever you want at any time.
This is a higher more spiritual level of commitment.
I see...it's a moral/religious requirement, but it's not a civil/political requirement. It's a "sin" not to pay it, but it's not a "crime' not to pay it.
I guess I would respond that--since religion cannot be enforced--being Muslim in the first place is voluntary, and adherence to the tenets of Islam are also, therefore, voluntary. Wouldn't you agree?
Nice discussion. I learned something new. Thanks for that.
Take a nice zap both for that 🧡⚡️
To me it still is capitalism with voluntary social/moral rules and/or limitations.
I think only due to weak money rich people own things which they actually don’t use (like multiple houses which they down use and leave empty), just because it stores value better than the currency.
This leads to an increase in the price of these items because they are no longer just purchased for their utility but also as a store of value, adding a monetary premium to their price. This can make these items unaffordable for the working class, which results in social problems and often capitalism gets blamed. However, Bitcoin will pull the monetary premium out of all other asset classes, allowing their prices to recalibrate based on their actual utility.
You are too kind! Thank you, humbled.
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