How is Zakat Dynamically Fair?

Zakat is one of the pillars of Islam, and one of the primary mechanisms for ensuring a fairer distribution of wealth. In fact, in a perfect world one could envisage a world with no poverty if Zakat was distributed fairly. One of the features of Zakat that is not immediately obvious is that it is a wealth tax, not an income tax. This video explains why this is important.

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