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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…
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Islamic social finance can be categorized into three types: philanthropy, mutual cooperation, and investment models for entrepreneurs and venture capitalism. Philanthropy and mutual cooperation can…
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Zakat, 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…
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Zakat 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…
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Low-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…
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Islamic 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…
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Akhuwat 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…
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The 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. …
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This chapter reflects on the contribution of intangible cultural heritage to generating income and sustaining livelihoods for communities, groups and individuals. Learners discover how local…
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Around 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…
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This 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…
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In 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…
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Today 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…
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You'll hear a lot about convergence as an important phenomenon in the discussion of inequality. And basically what convergence means is that, if there is convergence, inequality will tend to…
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Globally, concerns about rising and common wealth and equality have intensified in recent years. This discourse has sort of transcended academic and political circles and featuring thankfully now in…
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Multidimensional poverty encompasses the various deprivations experienced by poor people in their daily lives – such as poor health, lack of education, inadequate living standards,…
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