Role of Zakah and Awqaf in Poverty Alleviation

Role of Zakah and Awqaf in Poverty Alleviation PDF Author: Habib Ahmed
Publisher:
ISBN: 9789960321509
Category : Zakat
Languages : en
Pages : 150

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Book Description

Role of Zakah and Awqaf in Poverty Alleviation

Role of Zakah and Awqaf in Poverty Alleviation PDF Author: Habib Ahmed
Publisher:
ISBN: 9789960321509
Category : Zakat
Languages : en
Pages : 150

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Book Description


Islamic Social Finance

Islamic Social Finance PDF Author: Valentino Cattelan
Publisher: Routledge
ISBN: 1351987437
Category : Business & Economics
Languages : en
Pages : 335

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Book Description
The current dynamics of world economy show remarkable changes in the socio-economics of credit provision and entrepreneurship. If the emergence of the sharing economy is fostering innovative models of collaborative agency, networking and venture business, economic actors are also looking for a more sustainable development, able to foster profitability as well as community welfare. This book investigates Islamic social finance as a paramount example of this economy under change, where the balance between economic efficiency and social impact is contributing to the transformation of the market from an exchange- to a community-oriented institution. The collected essays analyse the social dimension of entrepreneurship from an Islamic perspective, highlighting the extent to which the rationales of "sharing," distribution and cooperation, affect the conceptualization of the market in Islam as a place of "shared prosperity." Moving from the conceptual "roots" of this paradigm to its operative "branches," the contributing authors also connect the most recent trends in the financial market to Shari‘ah-based strategies for community welfare, hence exploring the applications of Islamic social finance from the sharing economy, FinTech and crowdfunding to microcredit, waqf, zakat, sukuk and green investments. An illuminating reference for researchers, practitioners and policy-makers dealing with the challenges of a global market where not only is diversity being perceived as a value to be fostered, but also as an important opportunity for a more inclusive economy for everybody.

Islamic Wealth and the SDGs

Islamic Wealth and the SDGs PDF Author: Mohd Ma'Sum Billah
Publisher: Springer Nature
ISBN: 3030653137
Category : Business & Economics
Languages : en
Pages : 666

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Book Description
The SDGs, developed by the UN in 2012, focuses on 17 goals for the betterment of humanity and humanitarian causes. Among the core objectives of Shari'ah in Islamic finance is to offer a helping hand, emphasizing the efforts and scope of the SDGs. This book explores how Islamic ethical wealth is structured to contribute to the SDGs and an overall socio-economic impact within the principles of Maqasid al-Shari’ah. Focusing areas such as Islamic micro-finance, wealth inclusion, corporate and agro-Zakat, Awqaf, SRI Sukuk, and green Sukuk, this book will feature contributions from the leading researchers in sustainability and Islamic finance and will be of interest to scholars, researchers, industrialists, NGOs, UNDP and students studying both areas.

Poverty and Policy

Poverty and Policy PDF Author: Michael Lipton
Publisher: World Bank Publications
ISBN:
Category : Developing countries
Languages : en
Pages : 126

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Book Description


Handbook of Research on Islamic Social Finance and Economic Recovery After a Global Health Crisis

Handbook of Research on Islamic Social Finance and Economic Recovery After a Global Health Crisis PDF Author: Kassim, Salina
Publisher: IGI Global
ISBN: 1799868133
Category : Business & Economics
Languages : en
Pages : 410

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Book Description
Social financial reporting as an economic tool presents the firm as a socio-economic unit with empowered social capital to enable a sustainable economic solution, particularly in response to the COVID-19 pandemic. Islamic social finance (ISF) is a corporate social responsibility initiative in the form of humanitarian and socio-development programs by Islamic financial institutions and Shariah-compliant corporations. ISF is applied through various methods and tools that structure based on Islamic Sharia Law. For example, Islamic social finance tools would either be philanthropic, involving activities such as zakat (obligatory alms-giving), Sadaqah (voluntary alms-giving/charity), and waqf (endowment) or ta’awun (cooperation-based activities), which include Qardh al-hasan (benevolent loan) and kafala (guarantee). Thus, Islamic social finance instruments play a vital role in alleviating poverty and addressing socio-economic issues such as illiteracy, unemployment, malnutrition, and health issues. As such, integrated ISF reporting can empower sustainable economic development and lead to recovery. The Handbook of Research on Islamic Social Finance and Economic Recovery After a Global Health Crisis provides insights on the role of Islamic social finance in supporting and facilitating economic recovery in the post-COVID-19 era as well as reducing poverty and addressing the challenges of socio-economic problems such as education, unemployment, malnutrition, and health issues. This book is ideally intended for practitioners, stakeholders, researchers, academicians, and students who are interested in improving their understanding on the role of Islamic social finance theoretically and empirically in solving the issue of poverty and developing excellent funds management to achieve economic empowerment with better environmental sustainability.

Revitalization of Waqf for Socio-Economic Development, Volume II

Revitalization of Waqf for Socio-Economic Development, Volume II PDF Author: Khalifa Mohamed Ali
Publisher: Springer
ISBN: 3030184498
Category : Business & Economics
Languages : en
Pages : 343

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Book Description
This book provides a comprehensive analysis of Waqf management and its impact on socio-economic development, specifically financial inclusion and sustainable development as well as of the legal issues in Waqf management in IsDB member countries and jurisdictions. It explores various aspects of Waqf management in IsDB member countries/jurisdictions as well as in non-Muslim majority countries such as Waqf regulation, its modernization, and relationship to Maqasid Al-Shari’ah; performance of Waqf activities; time and activity-wise distribution of Waqf resource management; the antecedents and consequences of Waqf assets (both physical and cash); the strategies and models to promote Waqf related activities for greater socio-economic development; good governance practices through the formulation of informed policies for Waqf projects, among others. Comprising different issues and perspectives adopted by various researchers, the work is specifically designed to meet the needs of academics and industry practitioners in the field of Islamic finance.

Public Finance in Islam

Public Finance in Islam PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451960980
Category : Business & Economics
Languages : en
Pages : 58

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Book Description
The paper analyzes the bearing of Islamic teachings on the conduct of fiscal policy. It is shown that Islamic teachings do not prescribe any rigid system of public finance. The major emphasis is on the state’s responsibility to assure at least a basic minimum standard of living for all citizens. The paper deals with issues related to evolution of fiscal policies best suited to achieve this and other Islamic socio-economic objectives in the specific framework of Islamic teachings. The implications of such a system for growth, monetary stability, resource allocation, and pattern of income distribution are also examined.

Charity in Islamic Societies

Charity in Islamic Societies PDF Author: Amy Singer
Publisher: Cambridge University Press
ISBN: 9780521529129
Category : History
Languages : en
Pages : 260

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Book Description
Muslim beliefs have inspired charitable giving for over fourteen centuries, yet Islamic history has rarely been examined from this perspective. In Charity in Islamic Societies, Amy Singer explains the basic concepts and institutions of Muslim charity, including the obligation to give on an annual basis. Charitable endowments shaped Muslim societies and cultures in every era. This book demonstrates how historical circumstances, social status, gender, age and other factors interacted with religious ideals to create a rich variety of charitable practices, from the beginnings of Islam to the present day. Using written texts, buildings, images and objects to anchor the discussions in each chapter, the author explores the motivations for charity, its impact on the rich and the poor, and the politicisation of charity. This lucidly written book will capture the attention of anyone who is interested in the nature of Islamic society and the role of philanthropy throughout history.

Human Security and Philanthropy

Human Security and Philanthropy PDF Author: Samiul Hasan
Publisher: Springer
ISBN: 1493925253
Category : Business & Economics
Languages : en
Pages : 371

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Book Description
Muslims for hundreds of years have been involved in philanthropic activities targeting poor and needy people through varied types of ‘third sector’ organizations (TSOs). Nonetheless, many people in Muslim majority countries (MMCs), not having freedom from hunger, face human security crises. Not much is known about the TSOs or their human security provisions in MMCs. To fill this knowledge gap, this Volume documents and analyses philanthropy and all types of third sector organizations including the awqaf (Muslim endowments) vis-à-vis human security in MMCs. The study is comprehensive in treating the subject matter (analyzing the legal environment, characteristics, extent and functioning of all forms of the third sector and their human security performances) and in geographic coverage (incorporating all forty-seven Muslim majority countries in Africa and Asia). It is also innovative expounding TSO density analysis, state support score (SSS) and a third-sector capability measure (TCM) to study their interrelationships. It is an essential unique reference book for students and scholars of the third sector and human security, international organizations, development agencies, donor governments, security experts and in particular anybody with interests in Islam and MMCs.

COVID-19 and Islamic Social Finance

COVID-19 and Islamic Social Finance PDF Author: M. Kabir Hassan
Publisher: Routledge
ISBN: 1000356213
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
It is said that the COVID-19 pandemic has turned back the poverty clock. As such, there is a need to have social mechanisms put in place to provide relief to those who are affected in this regard. Islamic social finance consists of tools and institutions that could be used to alleviate poverty. This book explores the impact of COVID-19 on Islamic finance to better understand the effectiveness of Islamic social finance in helping those who have been affected by poverty overnight due to the halt in all major economic activities in the context of the pandemic. Since the struggle against poverty in each country will be different, the book attempts to shed light on the experiences of different countries by presenting successful models of Islamic social finance. The book first looks at poverty and COVID-19 before delving into the role of Islamic social financial institutions and how they have risen against COVID-19. The book concludes by examining the impact of COVID-19 on Islamic microfinance. This book is the first of its kind on the subject of COVID-19, and it intends to bridge the gap in the literature.