Experts for institution-based Zakat collection for SDGs

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Economic Reporter :
Capable Muslims should offer Zakat (obligatory donation of wealth in Islam) among the poor people through institutions to ensure proper and collective utilization of the fund to achieve the Sustainable Development Goals (SDGs), said experts at a round table conference in the city.
“Zakat is a religious and faith-based community tool by which poverty can be alleviated. Besides, the government should allocate more funds for social safety net, which is currently below 2 percent of GDP,” former Caretaker Government Adviser Dr AB Mirza M Azizul Islam told the roundtable.
He was speaking as chief guest at the discussion on “Role of Private Sector in Achieving SDGs: A Case Study of CZM” organised by Dhaka Chamber of Commerce and Industry (DCCI) and Center for Zakat Management (CZM) at DCCI conference room.
Former Adviser to the Caretaker Government Dr Hossain Zillur Rahman moderated the meeting while DCCI Acting President Kamrul Islam delivered the welcome speech.
Mirza M Azizul Islam said institutions like CZM can come forward for institutional management of Zakat as well as overall monitoring.
Dr Hossain Zillur Rahman said generally people give Zakat individually and most of the time they give sharees or lungees (clothes) to the poor people.
This system can barely bring any change, he said, adding “We need to strengthen institutional faith-based Zakat management tool and cluster based approach for poverty reduction.”
Kamrul Islam said in SDGs, there are 17 goals and 169 targets and it advocates for inclusive growth, poverty alleviation, ensuring education and health care.
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