Search for tag: "poverty"
Social protection around the world: Who is covered against what, how and where?Social protection systems help poor and vulnerable people cope with crises and shocks, find jobs, invest in the health and education of their children, and protect the aging population. Social…
From SDG Academy
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Components of Islamic Social FinanceIslamic social finance can be categorized into three types: philanthropy, mutual cooperation, and investment models for entrepreneurs and venture capitalism. Philanthropy and mutual cooperation can…
From SDG Academy
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Islamic Social Finance Instruments: ZakatZakat, 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 wealth, and those who reach a…
From SDG Academy
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Zakat as a Socio-Financial ToolZakat 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 society where poverty can be…
From SDG Academy
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Islamic Social Finance Instruments: SadaqahSadaqah 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 are no rules applied to it…
From SDG Academy
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Case Study: Channeling Microfinance Through a Commercial Bank: Islami Bank Bangladesh Limited (IBBL)In 1995, Islami Bank Bangladesh Limited (IBBL) introduced the Rural Development Scheme. The Scheme was developed by converting the microcredit program into an Islamic microfinance program for the…
From SDG Academy
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Social Security and Protection Against RisksIslamic social finance institutions can be developed to protect against the impact of negative shocks on poorer households. In the case of negative shocks, zakat can be used as debt relief for the…
From SDG Academy
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Mitigating Risk and VulnerabilitiesLow-income people are vulnerable to risks as poverty and vulnerability reinforce each other whereby risk events can move households into poverty traps. Since negative shocks contribute to the…
From SDG Academy
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Case Study: An Interest-Free Microfinance Institution - Akhuwat PakistanAkhuwat was founded in 2001 with the vision of creating and nurturing a poverty-free society to be built on the principles of compassion and equity, and to support the underprivileged members of the…
From SDG Academy
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Case Study : Charity-Based Microfinance - Islamic Relief WorldwideIslamic Relief works in over 40 countries – fundraising in the global North and implementing humanitarian and development projects in the Global South, including microfinance in 10 countries in…
From SDG Academy
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Financing the 2030 AgendaThe 2030 Agenda requires substantial levels of investment in areas such as health care, education, infrastructure, energy, climate change, as well as peace, security and resilience of economies. …
From SDG Academy
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Intangible cultural heritage and income generationThis chapter reflects on the contribution of intangible cultural heritage to generating income and sustaining livelihoods for communities, groups and individuals. Learners discover how local…
From SDG Academy
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Introducing SDG 1: No povertyAround 10% of the world’s population still lives in extreme poverty, with the majority of the people living in extreme poverty living in sub-Saharan Africa. SDG 1 aims to eradicate extreme…
From SDG Academy
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Economic growth’s relationship to poverty and inequalityThis video explores the bigger picture questions about the size of an economy and how it links to poverty and inequality. More specifically, it talks about economic growth and the Gross Domestic…
From SDG Academy
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New inequalities of the 21st-centuryIn this chapter, we will explain the dynamics of inequalities in today's world, looking beyond income and beyond averages. What matters for development is not the money we make, but the…
From SDG Academy
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Poverty, inequality, and the COVID-19 pandemicToday we will discuss the effects of what economists call "exogenous shocks," or shocks external to our systems of economy and society on the lives of poor people. We will examine the ways…
From SDG Academy
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