Arabic Terms in Islamic Economy

ZAKAT
Zakat refer to a compulsory levy on every Muslims who capable in amount of property

liable for Zakat payable.

HALAL
Halal means that law outlined by Allah SWT. Halal will determine the every products are

save to use.
KHALIFAH
Every Muslims are called as Khalifah. This term shows that the business as the part of

their life and ibadah.

IBADAH
Business is the part of ibadah for Muslims.