Integrating zakāt and waqf into the poverty reduction strategy of the IDB member countries

NS Shirazi

doi:10.12816/0004131

Integrating zakāt and waqf into the poverty reduction strategy of the IDB member countries

NS Shirazi

Islamic Research and Training Institute (IRTI)

Research output: Contribution to journal › Article › peer-review

Abstract

The paper estimates the resource gap for poverty reduction and potential of Zakāt and Waqf in the IDB member countries. 1 Paper stresses on revival of the Zakāt and Awqāf institutions and their enforcement, which will enable the IDB MCs to generate sufficient revenue for their all pro-poor expenditures. For any tangible results, the institutions of Zakāt and Waqf need to be integrated into the poverty reduction strategy of the IDB member countries. The proceeds of these institutions should be made as a part of their pro-poor budgetary expenditures.

Original language	English
Number of pages	30
Journal	Islamic Economic Studies
Volume	22
Issue number	1
DOIs	https://doi.org/10.12816/0004131
Publication status	Published - May 2014
Externally published	Yes

Keywords

Integrating Zakar and Waqf
Zakat & Waqf and pro-poor expenditures
Potential of Zakar & Waqf and Poverty reduction
Islamic institutions and poverty reduction
Poverty reduction in the IDB member countries

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title = "Integrating zakāt and waqf into the poverty reduction strategy of the IDB member countries",

abstract = "The paper estimates the resource gap for poverty reduction and potential of Zakāt and Waqf in the IDB member countries. 1 Paper stresses on revival of the Zakāt and Awqāf institutions and their enforcement, which will enable the IDB MCs to generate sufficient revenue for their all pro-poor expenditures. For any tangible results, the institutions of Zakāt and Waqf need to be integrated into the poverty reduction strategy of the IDB member countries. The proceeds of these institutions should be made as a part of their pro-poor budgetary expenditures.",

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AB - The paper estimates the resource gap for poverty reduction and potential of Zakāt and Waqf in the IDB member countries. 1 Paper stresses on revival of the Zakāt and Awqāf institutions and their enforcement, which will enable the IDB MCs to generate sufficient revenue for their all pro-poor expenditures. For any tangible results, the institutions of Zakāt and Waqf need to be integrated into the poverty reduction strategy of the IDB member countries. The proceeds of these institutions should be made as a part of their pro-poor budgetary expenditures.

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KW - Potential of Zakar & Waqf and Poverty reduction

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Integrating zakāt and waqf into the poverty reduction strategy of the IDB member countries

Abstract

Keywords

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