Abstract :
Abstract Awareness of Islam is essential for every Muslim, and its basic 4th foundational element about Zakah is obligatory for every Muslim to pay a certain amount of property, gold, silver, and money (finance). Being a Muslim, it's important to have ample knowledge about Zakah and its Nisab (ratio), and it should be in complete harmony with the principles of Zakah. In the current research, we surveyed Zakah's awareness using demographic variables, age, profession, education, and gender using a quantitative descriptive cross-sectional research method. The total number of participants was N=240. Male respondents numbered 208, and female participants numbered 32. They were students, farmers, businessmen, employed people, and the general public with different age groups. The survey was conducted in the cities of Lahore, Sargodha, Jhang, and surrounding rural areas. The best group was aged 30-40, according to the knowledge about Zakah. Implementing Zakah in a society can improve the balance of society BOS & many economic problems can be resolved. Money also floats in the poor section of society, inequality among rich and poor is reduced, and Zakah creates a peaceful society that is free from different bad social norms, e.g., theft, robbery, etc.
Keyword :
Keywords: Zakah Awareness, Islamic Economic System, BOS Balance of Society, Inequality Reduction