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Bridging Faith and Development: Unlocking Zakat, Wakāf, and Sadaqah for the SDG Era

Year: 2025
Type: article
Abstract: This article examines how Islamic social finance (zakat, Wakāf, and Sadaqah) can advance the Sustainable Development Goals. We synthesize literature and practice to explain why large faith-based resources remain outside national financing plans: fragmented governance, weak data systems, and limited impact measurement. We outline a pathway that links Maqasid al-Shariah with SDG targets through unified reporting standards, digital traceability, and outcome metrics. The framework integrates policy reform, fintech tools, and partnerships among governments, multilateral agencies, and faith-based institutions. When implemented with transparency and accountability, Islamic social finance can convert dispersed generosity into coordinated, measurable impact for inclusive and sustainable development.
Language: English
Open Access status: green
OpenAlex ID: W7101844555
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