Islam made poverty history in 98 A.H. during the reign of Omar ibn Abd al-Aziz (r.a.)
There was so much wealth in Muslim lands that money was given to young people to get married, and seed was bought so that even the birds were fed! Money was given to the non-Muslims who were sympathetic to Islam as part of zakah.
Talk about how Zakah redistributes wealth. It makes the poor richer and the rich richer, whereas capitalism makes the poor poorer and the rich richer. It is NOT an income tax.
Zakah also prevents a monopoly, as if you have sheep then you give zakah in sheep. If you have grain you give zakah of grain, etc.
Research about the 98 AH thing.
On leave till mid-summer. May Allah grant us all the best of this worldly life, and the best of the true, everlasting life. Ameen.