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Resumen de Analyzing Zakat as a Social Finance Instrument to Help Achieve the Sustainable Development Goals in Kedah

Yusuf Haji Othman, Mohd Sholeh Sheh Yusuff, Abdeltawwab Moustafa Khaled Moawad

  • Zakat is a religious obligation that must be complied with by all eligible Muslims. Therefore, it plays a significant role as an Islamic social finance instrument that could finance specific programs to achieve social, political, and economic development among Muslim communities. This study aims to analyze the impact of zakat distribution in achieving sustainable development goals in the state of Kedah, given the constraint faced by the Kedah State Zakat Board. This study employs secondary data and documentation and uses descriptive analysis to analyze the data and answer the research objective to provide empirical evidence and justifications to the analysis. This study reveals that zakat distribution in Kedah, Malaysia was in line with sustainable development goals (SDGs). Thus, there is excellent potential to achieve the SDGs provided that zakat institutions make specific alignments and improvements to improve the effectiveness of zakat distribution to achieve the targeted SDGs. However, its success still depends upon the amount of zakat collection and better management.

     


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