{"title":"Islamic Social Finance: Exploring Zakat, Waqf, and Sadaqah in Economic Development","authors":"Mukhid Mukhid","doi":"10.62207/jk7p6661","DOIUrl":null,"url":null,"abstract":"Islamic social finance has an important role in inclusive and sustainable economic development. In this context, zakat, waqf, and sadaqah become important instruments that can be used to mobilize resources and support economic development initiatives. However, challenges such as lack of public awareness, preference for conventional financial institutions, and lack of supportive regulations still need to be overcome.","PeriodicalId":518620,"journal":{"name":"Economics Studies and Banking Journal (DEMAND)","volume":"17 6","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Studies and Banking Journal (DEMAND)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.62207/jk7p6661","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 2
Abstract
Islamic social finance has an important role in inclusive and sustainable economic development. In this context, zakat, waqf, and sadaqah become important instruments that can be used to mobilize resources and support economic development initiatives. However, challenges such as lack of public awareness, preference for conventional financial institutions, and lack of supportive regulations still need to be overcome.