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Islamic Social Finance: Exploring Zakat, Waqf, and Sadaqah in Economic Development

Year: 2024

Type: article

Abstract: Islamic social finance has an important role in inclusive and sustainable economic development. In this context, zakat, waqf, and sadaqah become important instruments that can be used to mobilize resources and support economic development initiatives. However, challenges such as lack of public awareness, preference for conventional financial institutions, and lack of supportive regulations still need to be overcome.

Source: Economics Studies and Banking Journal (DEMAND)

DOI: 10.62207/jk7p6661

Author: Mukhid Mukhid

Institution: Institut Ilmu Sosial dan Manajemen STIAMI

Language: English

Topic: Islamic Finance and Banking Studies

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: No poverty

Open Access status: hybrid

OpenAlex ID: W4393359567

FWCI: 11.95

Cites: 16

Cited by: 12

Related to: 10