زکوٰۃ: جدید دور میں اقتصادی مسائل کا حل: قرآن و حدیث کی روشنی میں

Zakat: A Solution to Economic Issues in the Modern Era in the Light of the Quran and Hadith

Authors

  • Riffat Bibi Islamic Scholar, Surban Colony, Supply Abbottabad, KPK
  • Anas Hafiz M.Phil Scholar , Department of Islamic and Religious Studies, Hazara University, Mansehra, KPK
  • Muhammad Qasim Umar Qari at Govt High School Kotli Bala, Dist Mansehra, KPK

Keywords:

Zakat, Islamic economics, poverty alleviation, wealth redistribution, social justice, institutional frameworks, economic disparity, social solidarity

Abstract

Zakat, one of the fundamental pillars of Islam, holds immense significance as a mechanism for poverty alleviation and wealth redistribution within an Islamic socio-economic framework. Rooted in the principles of compassion, justice, and social solidarity, Zakat is designed to ensure the equitable circulation of wealth, thereby fostering an inclusive and balanced society. This study delves into the role of Zakat in addressing contemporary economic challenges, particularly the growing disparity between the affluent and the underprivileged. The paper examines Zakat’s multifaceted contributions to poverty reduction, economic stability, and social cohesion. It also highlights the strategic implementation of Zakat in modern financial systems, discussing its potential to complement conventional welfare policies. Furthermore, the study explores the challenges that hinder the effective application of Zakat, including issues of governance, institutional frameworks, and societal awareness. By leveraging Zakat as a sustainable economic tool, societies can not only mitigate poverty but also cultivate a more equitable distribution of resources. This research underscores the relevance of Zakat in the context of contemporary economic disparities, advocating for its integration into modern socio-economic policies to establish a just and harmonious social order.

Published

2024-06-25

How to Cite

Riffat Bibi, Anas Hafiz, & Muhammad Qasim Umar. (2024). زکوٰۃ: جدید دور میں اقتصادی مسائل کا حل: قرآن و حدیث کی روشنی میں: Zakat: A Solution to Economic Issues in the Modern Era in the Light of the Quran and Hadith. Al-Sharq (Journal of Religious Studies), 5(1), 50–59. Retrieved from https://alsharqjr.com/index.php/home/article/view/101