ZAKAT & MICROFINANCE

The COVID-19 is considered as the major cause of ongoing worst financial crisis. Due to its severity, it has shackled the world economy and disturbed the whole curve of unemployment and poverty. In our view, Islamic Social Finance (IsSF) has great potential to provide sustainable solutions for the exiting problems and challenges. This study discusses an innovative blended model that is devised in a way that it will help in the alleviation of poverty and creation of employment.

Author – Dr Hussain Mohi-ud-Din Qadri

Publication of ICRIE – Islamic Center For Research in Islamic Economics