Year: 2020
Type: article
Abstract: Zakat has a long history of helping poor and disadvantaged groups. However, Zakat institutions face numerous challenges in achieving their socio-economic objective: equitable distribution of resources. The aim of this study is to highlight the challenges hindering managerial efficiency in contemporary Zakat institutions as well as identify ways to improve managerial efficiency. Focusing the case on Sudan, this paper identifies the constraints facing the Zakat institution, from the macro perspective as well as from the managerial viewpoint. By using secondary sources, this paper found that inefficiencies such as ineffective collection and distribution, lack of coordination and mismanagement are some of the impediments causing inefficiency of Zakat collection and distribution. Furthermore, the paper suggests that standards constitute an instrument for the Zakat intuition to manage and enhance its efficiency as well as having the ability to guide Zakat in the right direction.
Institution: International Islamic University Malaysia
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W3035523926