Bayt al-Mal

Bayt al-Mal, translating to "House of Wealth," refers to the fiscal authority and treasury in Islamic governance, historically responsible for managing public funds. Established during the early Islamic caliphates, it handled various financial matters including taxation, distribution of wealth, and funding public projects. The institution aimed to ensure economic justice and welfare for the community, providing support for education, health, and infrastructure. Bayt al-Mal symbolizes the ethical management of finances in Islam, promoting equitable resource distribution while adhering to the principles of accountability and transparency in governance.