Zakat

Research has indicated that prosocial spending, which is essentially philanthropy, can have a
positive effect on mental health and provide additional health benefits (Fitz & Kagan 2020)

This divine concept, which grants the poor the right to partake in society’s wealth, is a key
component of the social security system

Zakat is often mistaken for a tax on wealth for three main reasons
(Hossain, 2012, pp. 6–7). First, zakat can be collected by force if a zakat
giver does not give it willingly. Second, zakat is to be kept in a separate
account in the state treasury if it is collected in an Islamic state. Third,
similar to tax, there may be no direct and equivalent economic benefit
from the state in return for zakat.

also explains four important conceptual differences between zakat and

tax. First, while tax is primarily a matter between citizens and their state
authorities, zakat is an act of worship which has been decreed
compulsory on Muslims to obtain the Almighty's nearness and express
gratitude to Him. Second, unlike many taxes in modern times, zakat is
based on nisab or a threshold which refers to the minimum amount of
wealth and possessions that a Muslim must own before becoming
qualified to give zakat. Therefore, any wealth below the nisab is
exempted from zakat. This is not true in the case of many taxes in
modern times, although tax authorities may decide when and where to
apply exemptions. Third, unlike tax systems that can undergo change
from time to time and from one country to another, zakat is prescribed
and cannot undergo any change. Finally, the objectives of taxes are
secular, whereas those of zakat are spiritual and religious. The intent of
zakat is to make wealth pure (in a moral sense) and purify the heart of a
believer from the love of material wealth, while the economic and social
aspects are subservient to it.