Role of Waqf to Attain the “SDG-1: Ending Poverty” in Bangladesh

Md. Abdullah Al Zobair and Mohammad Azizul Hoque ()
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Md. Abdullah Al Zobair: Bangladesh Islami University, Lecturer, Political Science, General Education Department
Mohammad Azizul Hoque: BRAC University, Centre for Peace and Justice

Chapter Chapter 2 in Revitalization of Waqf for Socio-Economic Development, Volume II, 2019, pp 15-34 from Springer

Abstract: Abstract As a Muslim-majority country, Bangladesh is yet to incorporate the Islamic tools of poverty eradication like zakah and waqf in the national poverty eradication policies and strategies though waqf resources pose huge potentialities to attain Sustainable Development Goal-1 aiming at “Ending Poverty”. Usually, waqf resources are spent privately to establish and run different religious institutions where the diversified uses of it to bring the poor people out of the bane of poorness by managing the resources gets less attention. Most of the waqf estates are unregistered, illegally occupied, underutilized or unutilized to meet the social well-being sustainably due to policy deficiency and poor administrative arrangement. This paper aims to seek the way how the waqf resource can be a powerful tool to attain the SDG-1. It provides a sevenfold strategic model to mobilize the waqf resources under the seven targets of SDG-1 and suggestions to revitalize waqf for attaining broadest social well-being in Bangladesh.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-18449-0_2

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DOI: 10.1007/978-3-030-18449-0_2

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