Year: 2024
Type: article
Abstract: The article titled “Proposed Model for Mosque Social Finance Fund in Southern Thailand.” proposes a new innovative approach that will enhance the social financing of mosques for the improvement of the Muslim community's economic well-being in Southern Thailand. The model presented in this paper focuses on raising extra resources through the integration of Islamic social finance tools such as zakat, waqf, and Sadaqah towards the region's development strategies in eradicating poverty, education, and health concerns. The structural design of this model respects the Islamic economic regulatory frame, which can be utilized in empowering communities from the grassroots level in a sustainable way. The paper highlights the financial role of the mosques in the mobilization of resources to benefit the community especially the poor and the means to do so through the financial instruments designed. In addition, this article considers what would be the consequences of this document and in what way it would help in the development of economic conditions for the Muslims in Southern Thailand.
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4403497229