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TIPS VENDOR AGREEMENT PART 1 ONLY d/Z Between___and(Company Name)THE INTERLOCK PURCHASING SYSTEM (TIPS), a Department of Texas Education Service Center Region 8 for TIPS RFP 220501 Disaster Restoration

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What is dz?

DZ stands for Declaration of Zakat. It is a form required to be filled out by eligible individuals or entities to report the amount of Zakat owed.

Who is required to file dz?

Individuals or entities that meet the criteria set by the Islamic principles for paying Zakat are required to file dz.

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DZ can be filled out by providing information such as income, assets, and liabilities, and calculating the Zakat owed based on the applicable rate.

What is the purpose of dz?

The purpose of dz is to ensure that eligible individuals or entities fulfill their obligation to pay Zakat, which is a form of almsgiving in Islam.

What information must be reported on dz?

Information such as income, assets, liabilities, and the calculated Zakat amount must be reported on dz.

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