Developing a conceptual framework on establishing zakat institution to achieve social welfare and well-being of zakat recipients in Somalia

Mohamed, Abdiwahid Hashi, and Sharofiddin, Ashurov (2020) Developing a conceptual framework on establishing zakat institution to achieve social welfare and well-being of zakat recipients in Somalia. In: International Conference On Islamic Social Finance: Pandemic Crisis And Possible Solutions (ISFPCPS 2020), 29th-30th September 2020, Kuala Lumpur, Malaysia. (Unpublished)

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Abstract

This study aimed to propose a conceptual framework on an effective model for establishing a zakat institution to work efficient and effective zakat collection and distribution in Somalia to achieve social welfare and well-being of asnaf. However, due to the absence of zakat institutions to collect zakat efficiently and distribute in an effective way, the social welfare and well-being of zakat recipients are not visible among society. This study adopted an exploratory method in developing a conceptual framework by using the literature and content analysis technique. The result of this study stressed that the effective components model for establishing a zakat institution in Somalia consists of seven elements such as Administrative affairs, Disclosure practices, Good governance, Budgeting, Technology usage, the law, and Islamic ruling (Fatwa). Thus, the outcomes of the study might help the authority for establishing a zakat institution to enhance social welfare among the society in Somalia.

Item Type:	Conference or Workshop Item (Plenary Papers)
Additional Information:	8755/84801
Uncontrolled Keywords:	zakat institution, effective collection, efficiency distribution, social welfare, Somalia
Subjects:	BPH Islamic Economics BPH Islamic Economics > BPH531 Zakat H Social Sciences > HV Social pathology. Social and public welfare
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF)
Depositing User:	Dr Sharofiddin Ashurov
Date Deposited:	24 Nov 2020 09:32
Last Modified:	24 Nov 2020 09:32
URI:	http://irep.iium.edu.my/id/eprint/84801

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