THE NISAB IS IMPORTANT BECAUSE IT IS THE BASIS OF

• A. talaq
• B. salat
• C. jihad
• D. zakat ✓

The answer to the question is: D. zakat

In Islamic finance, the Nisab is a crucial concept that determines the minimum amount of wealth a Muslim must possess before they are obligated to pay Zakat, which is one of the Five Pillars of Islam. Zakat is a form of obligatory charity that requires Muslims to donate a portion of their wealth to those in need. The Nisab serves as a threshold that helps determine who is eligible to pay Zakat and how much they should contribute.

The Nisab is important because it directly relates to Zakat, which is a fundamental practice in Islam. By understanding the Nisab and its significance, Muslims can fulfill their religious obligation of giving to those less fortunate and supporting charitable causes.

Zakat plays a vital role in promoting social justice, reducing inequality, and fostering compassion within the Muslim community. It ensures that wealth circulates among all members of society and helps alleviate poverty. The Nisab acts as a guideline for individuals to assess their financial standing and fulfill their duty towards those in need.

In summary, the Nisab is essential because it sets the threshold for Zakat payment, ensuring that Muslims contribute towards charitable causes and support those who require assistance.