The effect of zakat programs on the social impact of microfinance institutions in Bangladesh
The purpose of this paper to measure the effectiveness of the central for zakat management (CZM) efforts in utilising zakat funds for promoting microfinance among poor rural people in Bangladesh.Thisstudyassessesthe effectivenessofzakatonaspectssuch asincome, household expense and fixed asset acc...
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| Format: | Article |
| Language: | English |
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Lembaga Zakat Negeri Kedah
2020
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| Online Access: | http://irep.iium.edu.my/80614/ http://irep.iium.edu.my/80614/1/80614_The%20effect%20of%20zakat%20programs.pdf |
| _version_ | 1848788990835032064 |
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| author | Uddin, Md Nazim Hamdan, Hamdino Che Embi, Nor Azizan Kassim, Salina Md Saad, Norma |
| author_facet | Uddin, Md Nazim Hamdan, Hamdino Che Embi, Nor Azizan Kassim, Salina Md Saad, Norma |
| author_sort | Uddin, Md Nazim |
| building | IIUM Repository |
| collection | Online Access |
| description | The purpose of this paper to measure the effectiveness of the central for zakat
management (CZM) efforts in utilising zakat funds for promoting microfinance among poor
rural people in Bangladesh.Thisstudyassessesthe effectivenessofzakatonaspectssuch asincome,
household expense and fixed asset accumulation of the poor client based on the before and after
approach groups comprising to impoverished individuals and families are given equity capital and
are encouraged to set on small businesses according to their liking and ensure sustainable
development goals (SDGs). The group are supervised for a period in 2010 to 2018, ensure all
individualswithin the group can continue with their activities and ultimately, free themselves from
the shackles of poverty and graduate into a sustainable livelihood and social impact. Results
indicate a significant nominal and real increase in average monthly income, an increase in fixed
assets and an increase in monthly average household expenditure before and after receiving zakat
money. The findings from this paper shed light on the effectiveness of the zakat-based approach in
alleviating poverty and ensuring sustainable economic empowerment of the poor rural people.
This research is significant as it could be useful in future discussions on the potential ways to
improve zakat-based MFIs and SDGs in Bangladesh. The outcomes from the discussions w |
| first_indexed | 2025-11-14T17:49:36Z |
| format | Article |
| id | iium-80614 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T17:49:36Z |
| publishDate | 2020 |
| publisher | Lembaga Zakat Negeri Kedah |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-806142020-05-28T15:50:48Z http://irep.iium.edu.my/80614/ The effect of zakat programs on the social impact of microfinance institutions in Bangladesh Uddin, Md Nazim Hamdan, Hamdino Che Embi, Nor Azizan Kassim, Salina Md Saad, Norma BPH Islamic Economics BPH531 Zakat HJ9011 Local finance The purpose of this paper to measure the effectiveness of the central for zakat management (CZM) efforts in utilising zakat funds for promoting microfinance among poor rural people in Bangladesh.Thisstudyassessesthe effectivenessofzakatonaspectssuch asincome, household expense and fixed asset accumulation of the poor client based on the before and after approach groups comprising to impoverished individuals and families are given equity capital and are encouraged to set on small businesses according to their liking and ensure sustainable development goals (SDGs). The group are supervised for a period in 2010 to 2018, ensure all individualswithin the group can continue with their activities and ultimately, free themselves from the shackles of poverty and graduate into a sustainable livelihood and social impact. Results indicate a significant nominal and real increase in average monthly income, an increase in fixed assets and an increase in monthly average household expenditure before and after receiving zakat money. The findings from this paper shed light on the effectiveness of the zakat-based approach in alleviating poverty and ensuring sustainable economic empowerment of the poor rural people. This research is significant as it could be useful in future discussions on the potential ways to improve zakat-based MFIs and SDGs in Bangladesh. The outcomes from the discussions w Lembaga Zakat Negeri Kedah 2020-03-01 Article PeerReviewed application/pdf en http://irep.iium.edu.my/80614/1/80614_The%20effect%20of%20zakat%20programs.pdf Uddin, Md Nazim and Hamdan, Hamdino and Che Embi, Nor Azizan and Kassim, Salina and Md Saad, Norma (2020) The effect of zakat programs on the social impact of microfinance institutions in Bangladesh. International Journal of Zakat and Islamic Philanthropy, 2 (1). pp. 165-174. ISSN 2682-7530 E-ISSN 2672-747 http://journal.zakatkedah.com.my/wp-content/uploads/2020/03/Vol2_1_17.pdf |
| spellingShingle | BPH Islamic Economics BPH531 Zakat HJ9011 Local finance Uddin, Md Nazim Hamdan, Hamdino Che Embi, Nor Azizan Kassim, Salina Md Saad, Norma The effect of zakat programs on the social impact of microfinance institutions in Bangladesh |
| title | The effect of zakat programs on the social impact of microfinance institutions in Bangladesh |
| title_full | The effect of zakat programs on the social impact of microfinance institutions in Bangladesh |
| title_fullStr | The effect of zakat programs on the social impact of microfinance institutions in Bangladesh |
| title_full_unstemmed | The effect of zakat programs on the social impact of microfinance institutions in Bangladesh |
| title_short | The effect of zakat programs on the social impact of microfinance institutions in Bangladesh |
| title_sort | effect of zakat programs on the social impact of microfinance institutions in bangladesh |
| topic | BPH Islamic Economics BPH531 Zakat HJ9011 Local finance |
| url | http://irep.iium.edu.my/80614/ http://irep.iium.edu.my/80614/ http://irep.iium.edu.my/80614/1/80614_The%20effect%20of%20zakat%20programs.pdf |