Abstract: Zakat is among the most important systems bestowed for mankind in an Islamic order. Zakat’s functions, natures and structures are among the systems that lightened the beauty of Islam and its compassion towards establishing a sustainable development for mankind. Hence it becomes imperative to elucidate the basic tenets of Islam and to highlight zakat as basic institution of social order. Zakat is enshrined to serve two major purposes; it is among Islamic principles and ideology which makes it compulsory upon every able Muslim, and to play an active in social life of Muslim society. This study aims to examine the role of the zakat institution in creating a collective social security scheme for mutual help/sympathy among Muslim societies. the researcher employs qualitative method of research, reviewing the traditional and contemporary Islamic sources to also explicate the significance of zakat as an institution, elaborate impact of zakat on social life of Muslim society as it is the basic theme of the study. The studies is significant in creating awareness about zakat’s role among all sections of society particularly intellectual, elites and opinion leaders and to promote further research about the impact of zakat on social life of Muslim society so that zakat an institution is established in Muslim countries.
Keywords: Establishing Social Welfare and Economic Sustainability, social life of Muslim society.
Title: The Role of Zakat in Establishing Social Welfare and Economic Sustainability
Author: Sheriff Muhammad Ibrahim
International Journal of Management and Commerce Innovations,
ISSN 2348-7585 (Online)
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