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From SDG Academy
| 16 16 playsZakat as a socio-financial tool is used to circulate the wealth in the society from rich to poor. By disbursing zakat to the needy and poor, zakat helps create a caring… -
From SDG Academy
| 9 9 playsIslamic social finance can be defined as “the branch of Islamic finance where the products and services offered are designed to achieve social goals with or… -
From SDG Academy
| 1 1 playsSadaqah is a charitable giving and is a non-obligatory amount of money paid to help the needy and the poor. Anyone has the ability and willingness can do so, and there… -
From SDG Academy
| 6 6 playsIslamic social finance plays a key role in reflecting the humanitarian nature of Islamic finance by providing “Islamic social safety nets” for those who are… -
From SDG Academy
| 6 6 playsThere are some contemporary innovative financial products that have been linked with waqf, such as the cash waqf linked Sukuk issued by the Government of Indonesia and… -
From SDG Academy
| 5 5 playsWaqf is a religious endowment or trust, or in other words, a voluntary and irrevocable dedication of one’s wealth or a portion of it, in cash or in kind, and its… -
From SDG Academy
| 1 1 playsIslamic commercial financial institutions have limited offerings of Islamic social finance products and services. However, there are ways that could be adopted by the… -
From SDG Academy
| 2 2 playsQard hasan (good loan) is given without expecting a return by the creditor with the pure intention of helping the debtor. Since Qard hasan is a gratuitous contract, no… -
From SDG Academy
| 1 1 playsZakat, most broadly, is a type of almsgiving which is a must to pay for every Muslim who has wealth beyond a certain threshold. It is defined as an Islamic tax on…