• Login
    View Item 
    •   OpenDocs Home
    • Institute of Development Studies Research Repository
    • K4D
    • K4D
    • View Item
    •   OpenDocs Home
    • Institute of Development Studies Research Repository
    • K4D
    • K4D
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Using Zakat for International Development

    Thumbnail
    Download
    Main article (281.2Kb)
    Date
    2018-03-23
    Author
    Ismail, Zenobia
    Metadata
    Show full item record
    Impact
    Abstract
    This review focuses on Zakat, a particular form of almsgiving within Islam. The value of Zakat is estimated to range from US$ 200 billion to US$ 1 trillion per annum across the world (Stirk, 2015) or around US$ 187 million among countries in the Organisation of Islamic Co-operation (Shaikh, 2016). Therefore, interest in mobilising Zakat for poverty alleviation in Muslim majority countries as well as for international development is rising. Zakat is an important source of funding for Muslim humanitarian organisations which operate across the globe. However, de-risking, a term coined in the banking sector to reduce the risk of money laundering and funding of terrorism by blocking international transactions or raising the criteria for processing them, is the most serious challenge faced by Zakat collecting Muslim charities.
    URI
    https://opendocs.ids.ac.uk/opendocs/handle/20.500.12413/13647
    Citation
    Ismail, Z. (2018) Using Zakat for International Development. K4D Helpdesk Report. Birmingham UK: University of Birmingham.
    Is part of series
    K4D Helpdesk Report;
    Rights holder
    DFID
    Rights details
    https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    Collections
    • K4D [935]

    About OpenDocs | OpenDocs Policy | Help | Contact Us | Send Feedback | Disclaimer and Cookies
     

     

    Browse

    All of OpenDocsCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    LoginRegister

    Statistics

    Most Popular ItemsStatistics by CountryMost Popular Authors

    About OpenDocs | OpenDocs Policy | Help | Contact Us | Send Feedback | Disclaimer and Cookies