The transformative power of zakat (alms) in a humanitarian crisis: a case study from Kenya

Jemilah Mahmood, M. Kabir Hassan and Aishath Muneeza

Chapter 17 in Islamic Finance in Africa, 2022, pp 307-318 from Edward Elgar Publishing

Abstract: Zakat is a compulsory religious obligation and it has socio-economic benefits to the whole society. Due to cost incurred in funding, it is difficult to give free assistance to help who are in need. Not only this, but even giving interest-free loans are also impossible due to this. However, money received as zakat can be given to those who deserve it without expecting a return and since zakat is a yearly recurrent obligation, effective zakat distribution has the potential to alleviate global poverty as one of the legal recipient categories is needy and poor. This chapter discusses the transformative power of zakat in humanitarian crisis by transporting zakat from one country to another using a case study from Kenya. It is anticipated that the findings of this chapter will assist to understand the importance of effectively distribute zakat to assist alleviating global poverty level.

Keywords: Development Studies; Economics and Finance (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781802209907/9781802209907.00029.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:21406_17

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().