Israel’s global trade in 2024 consisted of $91.5bn in imports and $61.7bn in exports.
It is obligatory once in a lifetime for all adult Muslims who are physically and financially able to undertake the journey.2. When is the Hajj performed?
The Hajj is performed between the 8th and 12th (or 13th) of Dhul-Hijjah, the 12th and final month of the Islamic calendar. The timing falls roughly 70 days after the end of Ramadan, though this can vary slightly depending on the lunar cycle.In 2025, the Hajj will take place from June 4 to June 9, but many start arriving in the days and weeks ahead to prepare for the journey.Because the Islamic calendar follows a lunar cycle, with months lasting 29 or 30 days, the Hajj shifts 10 to 12 days earlier each year in the Gregorian calendar. Notably, this year marks the last time for the next 16 years that the Hajj will fall during Mecca’s peak summer heat.
3. Why do Muslims perform the Hajj?Muslims believe that the Hajj is a direct commandment from Allah (God), as outlined in the Muslim holy book, the
It was affirmed during Prophet Muhammad’s “farewell pilgrimage” in 632 AD, in the 10th year of the Islamic calendar.
Islamic tradition holds that the Kaaba, a stone structure draped in black silk at the centre of Mecca’s Grand Mosque where many Hajj rituals take place, was built by Prophet Abraham (Ibrahim) and his son Ishmael (Ismaeel) under God’s command. This marks the origins of the Hajj, which was instituted as a divine ritual for the first time.Most colleges have not been taxed on their endowments for centuries.
The Revenue Act of 1909 exempted educational institutions as nonprofits which operate for public interest “exclusively for religious, charitable, or educational purposes”. As a result, educational institutions did not pay taxes on their investment gains.This changed during Trump’s first presidential term. In 2017, the US Congress passed the Tax Cuts and Jobs Act, which introduced a 1.4 percent tax on colleges with per-student endowments of at least $500,000, and at least 500 students who paid tuition. Hence, the tax applies only to some of the wealthiest institutions in the country.
This endowment tax generated approximately $380m in 2023, from 56 universities that met the taxation bar.What do Republicans want to do now?