دور الزكاة في التمويل الاجتماعي في ظل أزمة كورونا .. ماليزيا نموذجا Role of zakat in social finance in light of Covid-19 Pandemic: a Malaysia study

• Main Authors: Eletrebi, Mahamed Fathy, Suleiman, Hassan
• Format: Conference or Workshop Item
• Language: English
• Published: Lembaga Zakat Negeri Kedah 2021
• Subjects: BP1 Islam; BP140 Islamic law (Fiqh); BPH Islamic Economics; BPH531 Zakat; BPH72 Economic development. Growth. Sustainable development. Sustainability; H Social Sciences (General); HB126.4 Islamic Economics; HG Finance; HG3368 Islamic Banking and Finance; HM Sociology; HM826 Social institutions; HV40 Social service. Social work. Charity organization and practice; KBP Islamic Law; KBP173.25 Islamic law and other disciplines or subjects; RA Public aspects of medicine; RA644.C67 Coronavirus infections. COVID-19 (Disease). COVID-19 Pandemic, 2020
• Online Access: http://irep.iium.edu.my/94521/7/94521_%D8%AF%D9%88%D8%B1%20%D8%A7%D9%84%D8%B2%D9%83%D8%A7%D8%A9%20%D9%81%D9%8A%20%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84%20%D8%A7%D9%84%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9%D9%8A%20%D9%81%D9%8A%20%D8%B8%D9%84%20%D8%A3%D8%B2%D9%85%D8%A9%20%D9%83%D9%88%D8%B1%D9%88%D9%86%D8%A7%20..%20%D9%85%D8%A7%D9%84%D9%8A%D8%B2%D9%8A%D8%A7%20%D9%86%D9%85%D9%88%D8%B0%D8%AC%D8%A7%20Role%20of%20zakat%20in%20social%20finance%20in%20light%20of%20Covid-19%20Pandemic.pdf; http://irep.iium.edu.my/94521/; http://www.zakatkedah.com
• Institution: Universiti Islam Antarabangsa Malaysia

ABSTACT: Zakāt is considered as an essential resource for Islamic finance as it is a purely wealth form of religious duty or worship. Zakāt is the right of wealth, where wealth is the second ruler of an Islamic state. Just as the Ruler performs his duty in administering the state, similarly, wealth performs its function with regards to the classes of poor and needy persons as well as financing small and medium-sized enterprises. Hence there comes the importance of this paper, which is to demonstrate the role of Zakāt in Financing and Development Provisions. With “Revealing the role of zakat in financing provisions and curbing poverty and unemployment by financing small and medium-sized enterprises” as the problem statement, this paper attempts to answer the following questions: What is the definition of Islamic Finance, what are the types or aspects, and its significance? What is the role of zakāt in financing operations? And what are the forms of financing in the era of Covid-19 pandemic in Malaysia? Adhering to the descriptive, inductive and analytical approach, the researcher presents his idea in the following structure: introduction, preliminary explanations on key concepts: zakat, financing, investment, development, and crises, subtopic 1 (Definition of Islamic Finance and its Importance), subtopic 2 (Role of Zakāt in Financing Provisions), and research findings with discussions. .