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What is Asnaf

Chapter 12
Impact of Zakat on Sustainable Economic Development
A party that is eligible to receive zakat aid collected from Muslims.
Published in Chapter:
Is Zakat Capable of Alleviating Poverty and Reducing Income Inequality?: An Analysis of the Distribution of Zakat Fund in Malaysia
Maizaitulaidawati Md Husin (Universiti Teknologi Malaysia, Malaysia), Nor Aiza Mohd Zamil (Universiti Teknologi Malaysia, Malaysia), and Zarina Abdul Salam (Universiti Teknologi Malaysia, Malaysia)
Copyright: © 2021 |Pages: 18
DOI: 10.4018/978-1-7998-3452-6.ch012
Abstract
This chapter aims to discuss the role of zakat in alleviating poverty and reducing income inequality, specifically in Malaysia. To achieve its objective, this chapter elaborates on the interlinkages between the institution of zakat and Maqasid-al-Shari'ah, deliberate Malaysian zakat institution as well as discuss the strategies and policies implemented by the Malaysia government in poverty eradication and income inequality reduction. Further, this chapter also discusses the role of Malaysian zakat institutions in supporting government poverty eradication and income inequality reduction initiatives. This chapter offers practical help to practitioners in providing a direction for zakat institutions in supporting the daily living of the poor. In addition, this chapter suggests an agenda for the future direction of the zakat institutions.
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