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Maqasid al-Shari'ah of zakat towards sustainable economy

Saleh, Abdulmajid Obaid Hasan and Qatawneh, Mohammad Abdelhamid Salem and Saged, Ali Ali Gobaili (2024) Maqasid al-Shari'ah of zakat towards sustainable economy. In: Islamic Sustainable Finance: Policy, Risk and Regulation. Routledge, Taylor & Francis Group, London, United Kingdom, pp. 149-159. ISBN 978-1-032-49784-6

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Abstract

Questions arise on the efficiency of zakat collection and distribution and its socioeconomic effects from maqasid al-Shari’ah perspective. This study attempts to expound some anticipated objectives (maqasid) and wisdoms of zakat obligation which is one of the pillars of Islam. In relation to this, there are some current issues pertaining to the collection of zakat, such as the legitimacy of zakat on paper money, commercial crops and fruits and different kinds of incomes and mechanisms to improve zakat collection and distributions. This study proposes some alternatives to resolve those issues from the maqasid perspectives.

Item Type: Book Chapter
Additional Information: #112196
Subjects: BPH Islamic Economics
BPH Islamic Economics > BPH531 Zakat
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Institute of Islamic Banking & Finance (IIiBF)
Depositing User: Dr Abdulmajid Obaid Hasan Saleh
Date Deposited: 14 May 2024 10:57
Last Modified: 23 May 2024 11:31
URI: http://irep.iium.edu.my/id/eprint/112196

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