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Zakat, Persistence of Poverty and Structural-Incidental Segmented Approach

Zakat, Persistence of Poverty and Structural-Incidental Segmented Approach PDF Author: M. Ashraf Al Haq
Publisher:
ISBN:
Category :
Languages : en
Pages : 15

Book Description
Scholars and researchers in the field are almost unanimous that poverty reduction is one of the primary goals of zakat and targeted upliftment is pivotal for poverty alleviation. Generally it has been argued that faqir (destitute) and miskin (needy) are the primary target groups and their poverty alleviation is possible through effective collection and distribution of zakat. Throughout history zakat had an ameliorative effect, but due to a lack of systemic understanding about poverty, a lack of systemic commitment to its eradication, and ineffective use of zakat, poverty has been a persistent feature of the Muslim societies. Since the emergence of Islamic finance, broader interest in zakat as part of the development aspirations has grown and empirical research has enhanced knowledge and understanding of zakat in light of the experience from various Muslim-majority countries. Zakat, as part of Islamic finance, can play a valuable role in poverty reduction, when it becomes part of a national strategy of development with interventions focused on target groups, segmented into incidental and structural pool. This paper provides a survey of the pertinent literature, with a special focus on a segmented approach that recognizes different needs, priorities and frameworks for effective intervention using zakat.

Zakat, Persistence of Poverty and Structural-Incidental Segmented Approach

Zakat, Persistence of Poverty and Structural-Incidental Segmented Approach PDF Author: M. Ashraf Al Haq
Publisher:
ISBN:
Category :
Languages : en
Pages : 15

Book Description
Scholars and researchers in the field are almost unanimous that poverty reduction is one of the primary goals of zakat and targeted upliftment is pivotal for poverty alleviation. Generally it has been argued that faqir (destitute) and miskin (needy) are the primary target groups and their poverty alleviation is possible through effective collection and distribution of zakat. Throughout history zakat had an ameliorative effect, but due to a lack of systemic understanding about poverty, a lack of systemic commitment to its eradication, and ineffective use of zakat, poverty has been a persistent feature of the Muslim societies. Since the emergence of Islamic finance, broader interest in zakat as part of the development aspirations has grown and empirical research has enhanced knowledge and understanding of zakat in light of the experience from various Muslim-majority countries. Zakat, as part of Islamic finance, can play a valuable role in poverty reduction, when it becomes part of a national strategy of development with interventions focused on target groups, segmented into incidental and structural pool. This paper provides a survey of the pertinent literature, with a special focus on a segmented approach that recognizes different needs, priorities and frameworks for effective intervention using zakat.

Innovative Humanitarian Financing

Innovative Humanitarian Financing PDF Author: Maram Ahmed
Publisher: Springer Nature
ISBN: 3030832090
Category : Business & Economics
Languages : en
Pages : 249

Book Description
Humanitarian crises have become more frequent, complex and protracted. If current trends continue, it is estimated that by 2030, humanitarian assistance costs could increase to $50 billion per year. By then, two-thirds of the world’s poor are at risk of living in conflict-affected countries. To bridge the gap, humanitarian organizations are increasingly utilizing innovative financing tools such as impact bonds, faith-based finance and other innovative financial products and services to mobilize greater funding to address humanitarian needs. This book is among the first to assess a set of innovative financing mechanisms that have been transforming the humanitarian sector and explores their key opportunities, challenges and future prospects. This book will be of interest to academics, practitioners, humanitarian organizations and policy makers involved in humanitarian financing and to the humanitarian sector in general.

Faith and the State

Faith and the State PDF Author: Amelia Fauzia
Publisher: BRILL
ISBN: 9004233970
Category : History
Languages : id
Pages : 379

Book Description
Faith and the State offers a historical development of Islamic philanthropy from the time of the Islamic monarchs, through the period of Dutch colonialism and up to contemporary Indonesia.

Economic Development and Islamic Finance

Economic Development and Islamic Finance PDF Author: Zamir Iqbal
Publisher: World Bank Publications
ISBN: 0821399535
Category : Business & Economics
Languages : en
Pages : 376

Book Description
Although Islamic finance is one of the fastest growing segments of emerging global financial markets, its concepts are not fully exploited especially in the areas of economic development, inclusion, access to finance, and public policy. This volume is to improve understanding of the perspective of Islamic finance on economic development, social and economic justice, human welfare, and economic growth.

Affluence and Poverty in the Middle East

Affluence and Poverty in the Middle East PDF Author: M. Riad El-Ghonemy
Publisher: Routledge
ISBN: 1134856288
Category : Social Science
Languages : en
Pages : 321

Book Description
Affluence and Poverty in the Middle East is an introduction to the political economy of the Middle East, focusing on its most salient features - persistent poverty and extreme inequality. El-Ghonemy analyses the factors influencing the region, including its unique historical, religious and cultural mix, as well as its economic foundations and forms of corruption. For each factor he employs case-studies drawn from throughout the region, from Turkey to Sudan and Morocco to Iran. In the final section El-Ghomeny discusses possible solutions to the challenges facing the region, including possible uses of a peace dividend, and the role of democracy.

The Political Economy of Rural Poverty

The Political Economy of Rural Poverty PDF Author: M. Riad El-Ghonemy
Publisher: Routledge
ISBN: 1134953364
Category : Business & Economics
Languages : en
Pages : 331

Book Description
With the use of wide-ranging case studies the author clearly illustrates the impact of schemes intended to re-allocate land in developing countries. Concluding that land reform can play a major part in stimulating rural economies this book explores the extent to which such policies can successfully reduce poverty and increase agricultural growth.

An Overview of Islamic Finance

An Overview of Islamic Finance PDF Author: Mr.Mumtaz Hussain
Publisher: International Monetary Fund
ISBN: 1513565621
Category : Business & Economics
Languages : en
Pages : 35

Book Description
Islamic finance has started to grow in international finance across the globe, with some concentration in few countries. Nearly 20 percent annual growth of Islamic finance in recent years seems to point to its resilience and broad appeal, partly owing to principles that govern Islamic financial activities, including equity, participation, and ownership. In theory, Islamic finance is resilient to shocks because of its emphasis on risk sharing, limits on excessive risk taking, and strong link to real activities. Empirical evidence on the stability of Islamic banks, however, is so far mixed. While these banks face similar risks as conventional banks do, they are also exposed to idiosyncratic risks, necessitating a tailoring of current risk management practices. The macroeconomic policy implications of the rapid expansion of Islamic finance are far reaching and need careful considerations.

Islamic Social Finance

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

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.

Social Welfare in Muslim Societies in Africa

Social Welfare in Muslim Societies in Africa PDF Author: Holger Weiss
Publisher: Nordic Africa Institute
ISBN: 9789171064813
Category : Business & Economics
Languages : en
Pages : 202

Book Description
Captures the theoretical and actual dimension of social welfare in selected African Islamic countries. Describes State involvement in the post-colonial period, the roles of pious foundations, Sufi orders, and NGOs.

Identity in Crossroad Civilisations

Identity in Crossroad Civilisations PDF Author: Erich Kolig
Publisher: Amsterdam University Press
ISBN: 9089641270
Category : Political Science
Languages : en
Pages : 263

Book Description
Deze bundel gaat over de vorming van identiteit door het samenspel van etniciteit, nationalisme en de effecten van globalisering. De essays in Crossroad Civilisations: Ethnicity, Nationalism and Globalism in Asia maken de gelaagdheid en de complexiteit hiervan duidelijk.