Role of Institutional Zakat Management of Bangladesh in Recipients’ Income Generation
The majority of Muslims in Bangladesh distribute zakat individually. Zakat management is conducted in both the public and private sectors. However, there is a significant lack of inclination towards making zakat payments via organizations. This research aims to investigate the role of zakat in gener...
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| Format: | Article |
| Language: | English |
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Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jakarta
2025-01-01
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| Series: | Journal of Islamic Economics and Finance Studies |
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| Online Access: | https://ejournal.upnvj.ac.id/JIEFeS/article/view/8193 |
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| author | Md. Muhibur Rahman |
| author_facet | Md. Muhibur Rahman |
| author_sort | Md. Muhibur Rahman |
| collection | DOAJ |
| description | The majority of Muslims in Bangladesh distribute zakat individually. Zakat management is conducted in both the public and private sectors. However, there is a significant lack of inclination towards making zakat payments via organizations. This research aims to investigate the role of zakat in generating money via institutional management. This study used a mixed-method approach, including qualitative and quantitative data. A systematic questionnaire survey was conducted on 200 people who received zakat, representing both the institutional and non-institutional sectors. The findings of this research suggest that those who received zakat via institutions had a greater capacity to generate money than those who got zakat through informal means. Several zakat management institutions are helping zakat recipients increase their income by supplying them with income-generating items and a significant quantity of zakat funds. It may be inferred that the proper implementation of institutional zakat management has the potential to enhance the income growth rate of zakat recipients in Bangladesh. |
| format | Article |
| id | doaj-art-5936fe99c3124fab8ddcc97aeb51fe99 |
| institution | Kabale University |
| issn | 2723-6730 2723-6749 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Faculty of Economics and Business, Universitas Pembangunan Nasional Veteran Jakarta |
| record_format | Article |
| series | Journal of Islamic Economics and Finance Studies |
| spelling | doaj-art-5936fe99c3124fab8ddcc97aeb51fe992025-01-05T06:32:38ZengFaculty of Economics and Business, Universitas Pembangunan Nasional Veteran JakartaJournal of Islamic Economics and Finance Studies2723-67302723-67492025-01-015233635110.47700/jiefes.v5i2.81937111Role of Institutional Zakat Management of Bangladesh in Recipients’ Income GenerationMd. Muhibur Rahman0Institute of Bangladesh Studies, University of RajshahiThe majority of Muslims in Bangladesh distribute zakat individually. Zakat management is conducted in both the public and private sectors. However, there is a significant lack of inclination towards making zakat payments via organizations. This research aims to investigate the role of zakat in generating money via institutional management. This study used a mixed-method approach, including qualitative and quantitative data. A systematic questionnaire survey was conducted on 200 people who received zakat, representing both the institutional and non-institutional sectors. The findings of this research suggest that those who received zakat via institutions had a greater capacity to generate money than those who got zakat through informal means. Several zakat management institutions are helping zakat recipients increase their income by supplying them with income-generating items and a significant quantity of zakat funds. It may be inferred that the proper implementation of institutional zakat management has the potential to enhance the income growth rate of zakat recipients in Bangladesh.https://ejournal.upnvj.ac.id/JIEFeS/article/view/8193income generationincome growthzakatzakat institutionszakat management |
| spellingShingle | Md. Muhibur Rahman Role of Institutional Zakat Management of Bangladesh in Recipients’ Income Generation Journal of Islamic Economics and Finance Studies income generation income growth zakat zakat institutions zakat management |
| title | Role of Institutional Zakat Management of Bangladesh in Recipients’ Income Generation |
| title_full | Role of Institutional Zakat Management of Bangladesh in Recipients’ Income Generation |
| title_fullStr | Role of Institutional Zakat Management of Bangladesh in Recipients’ Income Generation |
| title_full_unstemmed | Role of Institutional Zakat Management of Bangladesh in Recipients’ Income Generation |
| title_short | Role of Institutional Zakat Management of Bangladesh in Recipients’ Income Generation |
| title_sort | role of institutional zakat management of bangladesh in recipients income generation |
| topic | income generation income growth zakat zakat institutions zakat management |
| url | https://ejournal.upnvj.ac.id/JIEFeS/article/view/8193 |
| work_keys_str_mv | AT mdmuhiburrahman roleofinstitutionalzakatmanagementofbangladeshinrecipientsincomegeneration |