Zakat based Social Security System

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SOCIAL SECURITY SYSTEM OF ISLAM WITH SPECIAL REFERENCE TO ZAKAH Najmul Hasan International Centre for Research in Islamic Economics King Abdulaziz University Jeddah - Saudi Arabia 1404H / 1984 Digital Composition for Web by: Syed Anwer Mahmood Islamic Economics Research Centre Published on Net May 2008 Research Series in English No. 19 All rights reserved. Views expressed by the author represent his personal views and do not necessarily represent the views of the International Centre for
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   SOCIAL SECURITY SYSTEM OFISLAM WITH SPECIALREFERENCE TO  ZAKAH    Najmul HasanInternational Centre for Research in Islamic EconomicsKing Abdulaziz UniversityJeddah - Saudi Arabia 1404H / 1984 Digital Composition for Web by:Syed Anwer MahmoodIslamic Economics Research CentrePublished on Net May 2008   i   Research Series in English No. 19All rights reserved.Views expressed by the author represent his personal views and do not necessarilyrepresent the views of the International Centre for Research in Islamic Economics, KingAbdulaziz University, Jeddah, Saudi Arabia.Produced byInternational Centre for Research in Islamic EconomicsKing Abdulaziz University,P.O. Box 16711, Jeddah-21474,Saudi Arabia.Printed atKing Abdulaziz University Press,Jeddah.   ii  Omar Zohair Hafiz, Ph.DDirectorMohammad Ali Al-Gari, Ph.DDeputy Director (Academic)Ahmed Daud Al-Mizjaji, Ph.DDeputy Director (Finance and Administration)Mohammad Abdul Mannan, Ph.D.CoordinatorEnglish Research SectionRafic Al-Masri, Ph.D.CoordinatorArabic Research SectionMembers of the Academic CommitteeOmar Zohair Hafiz, Ph.D. (Chairman)Mohammad Nejatullah Siddiqi, Ph.D.Mohammad Anas Zarqa, Ph.D.Mohammad Abdul Mannan, Ph.D.Rafic al-Masri, Ph.D.Mohammad Fahim Khan, Ph.D. (Member/Secretary)   iii CONTENTS Page1. THE PERSPECTIVE 1The Resurgence of Islamic System 2 2. THE NEED AND SCOPE OF SOCIAL SECURITY 3 The Scope 4The Techniques 5Social Insurance 5Social Assistance 6Allied Schemes 6System of Social Security 7Medical Care 9 3. THE ISLAMIC SYSTEM 9Foundations of an Islamic Economy 10 4. CONTINGENCY PROTECTION IN ISLAM 11  Zakah 11  Nisab 12Articles of Basic Needs 12Articles of Basic Needs (  Al-hawaij al-asliyah ) 13Who is Liable to Pay  Zakah 13Exemptions from  Zakah 14 5. SPECIAL ISSUES 14   (a)  Zakah on Mines 14(b) Articles of Trade 16(c) The Problem of Depreciation 17(d) Joint Stock Companies 17(e) Shares and Securities 19(f) Non-Residential Buildings 20(g)  Zakah on Public Undertakings 21 6. BENEFICIARIES OF  ZAKAH  22 7.  ZAKAH  AS A SOCIAL SECURITY TECHNIQUE 25 8. SOCIAL INSURANCE AND ISLAM 25‘Aqilah 26Social Insurance and Ma'aqil 27
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