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The role of zakat in achieving economic empowerment, environmental sustainability, and social re-engineering as promoted in the 12th Malaysia Plan

Mahadi, Nur Farhah and Mohd. Zain, Nor Razinah and Othman, Anwar Hasan Abdullah (2021) The role of zakat in achieving economic empowerment, environmental sustainability, and social re-engineering as promoted in the 12th Malaysia Plan. In: Handbook of research on Islamic social finance and economic recovery after a global health crisis. IGI Global, Pennsylvania, United States. ISBN 9781799868118 (In Press)

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Abstract

This study seeks to gain a deeper understanding on the role of zakᾱt in achieving economic empowerment, environmental sustainability and social re-engineering as promoted in the 12th Malaysia Plan (12 MP) which aligned with Shared Prosperity Vision 2030 (SPV2030) as well as United Nation’s Sustainable Development Goals (SDGs) to provide support to fulfil the Maqᾱṣid al-Sharῑ῾ah. This study uses the library study method. Qualitative approach is used in this study to collect information, documents and data accordingly with regard to the topic discussed. Results: By understanding the importance of zakᾱt in achieving economic empowerment, environmental sustainability and social re-engineering, we can further enhance the distribution and utilization of these zakᾱt funds to ensure its positive impact in socio-economic. Eventually, this may also motivate the State Islamic Religious Council (SIRC) to promote the importance of fair and equitable distribution of zakᾱt to aṣnᾱf.

Item Type: Book Chapter
Additional Information: 8630/84102
Uncontrolled Keywords: Zakat, economic empowerment, environmental, social re-engineering, 12th Malaysia Plan
Subjects: BPH Islamic Economics > BPH531 Zakat
H Social Sciences > HB Economic Theory > HB126.4 Islamic Economics
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Institute of Islamic Banking & Finance (IIiBF)
Depositing User: Asst.Prof Anwar Hasan Abdullah Othman
Date Deposited: 30 Oct 2020 11:43
Last Modified: 30 Oct 2020 16:18
URI: http://irep.iium.edu.my/id/eprint/84102

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