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Bayt ul-Mal


Bayt ul-Mal Donations

Donors can set up regular standing orders to the fund. Please email This e-mail address is being protected from spambots. You need JavaScript enabled to view it to request the bank account details. Payments can also be made via The Wayfarer website for those who have a PayPal account. Simply enter the amount you wish to donate and click on the link (right of screen). You will then need to enter your own PayPal email address and password to make the payment.

For those in the Glastonbury area, cash donations can be given to Fatimah for paying in.

 

What is a 'Bayt ul-Mal'?

What is a 'Bayt ul-Mal'?

Bayt al-mal is an Arabic term that is translated as "House of money" or "House of Wealth." Historically, it was a financial institution responsible for the administration of taxes in Islamic states, particularly in the early Islamic Caliphate. It served as a royal treasury for the caliphs and sultans, managing personal finances and government expenditures. Further, it administered distributions of zakah revenues for public works.

In the time of Muhammad, pbuh, there was no permanent Bait-ul-Mal or public treasury. Any revenue that was received was distributed immediately. In the time of Abu Bakr a house was designated to keep the money, but as all money was distributed immediately the treasury generally remained locked - at the time of the death of Abu Bakr there was only one dirham in the public treasury.

Things changed during the time of Umar. After consulting the Companions, Umar decided to establish the Central Treasury at Madinah. A separate Accounts Department was also set up and it was required to maintain a record of all that was spent. Later, treasuries were set up in the provinces. After meeting the local expenditure the provincial treasuries were required to remit the surplus amount to the central treasury at Madinah.

The concepts of welfare and pension were introduced in early Islamic law as forms of Zakat (charity), one of the Five Pillars of Islam, under the Rashidun Caliphate in the 7th century. This practice continued well into the Abbasid era of the Caliphate. The money collected in the treasury of an Islamic government was used to provide income for the needy, including the poor, elderly, orphans, widows, and the disabled. According to the Islamic jurist Al-Ghazali, the government was also expected to stockpile food supplies in every region in case a disaster or famine occurred. The Caliphate can thus be considered the world's first major welfare state.

 Preview

 The Bayt ul-Mal in the Ummayad Mosque, Damascus.

 

Our Bayt ul-Mal Fund

Our Bayt ul-Mal Fund

Purpose and administration of the fund:

To distribute money to those Muslims in the UK & Eire, principally from the British and Irish convert community, who are in need.

  • Where state benefits do not provide sufficient for a person’s basic needs, or where there are needs not covered (e.g. relief for a full time carer so that they can have a holiday).
  • Where  an emergency occurs and the person does not have a lump sum of money to cover this (e.g. funeral expenses for a family member).
  • Where a person wishes to train or seek education for the sake of Allah (e.g. traditional crafts, welfare work in the community, etc.) and does not have the means to do so.
  • Immediate one-off payments can be made from the fund, by any signatory, up to £150.  Payments to be made by cheque or direct transfer where possible.
  • For larger amounts all signatories to confer by phone or email to agree on the level of payment to be made.
  • Loans can be made from the fund for domestic emergencies, with the expectation that the recipient pays the money back as and when they can (and with no ultimate expectation that this will happen).

Records of all transactions will be kept, and quarterly summaries verified by a third party.

Although the Bayt ul-mal is to serve the UK & Eire convert community, should any other need arise and funds be available, then token donations could be made from this fund.

A list of contacts will be kept up to date as far as possible, and additions to the list can be submitted by existing contacts.

Although the purpose of the Bayt ul-mal is not to accumulate large sums, it is hoped to retain a buffer of around £1,000 for such contingencies as a sudden death.

16 April 2012

 


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Bayt ul-Mal

Thank you for your contribution.

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