Page 180 - Zakat & Waqf: Impact on Women and Community Development

170 | Zakat & Waqf: Impact on Women and Community Development
© Zakat & Waqf: Impact on Women and Community Development
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attracted the interest of the organizers, and the paper will be used as
the main presentation paper. I believe that the framework of the GESE
model is very practical and relevant; it could be used as a more
balanced socioeconomic development model around the world,” I
explained to Dr. Hamdi.

“Congratulations Asif! Not everyone gets a chance like you. May your
journey be safe and all matters be eased. Your research approach is
actually very interesting, Asif. You understand research and examine
all the issues related to global socioeconomics. May the research
recommendations that you develop be put into practice at the global
level, God willing. The conceptual framework we build is based on
Islamic Shari'a,” commented Dr. Hamdi.

In 2050, 90% of the world's people will have access to sophisticated
technology, owing to a combination of economic growth in the
developed world, the proliferation of mobile devices, and access to
broadband satellite services. Artificial Intelligence and Fifth Industrial
Revolution are set to make a huge contribution to the world economy,
but the global socioeconomic issues are not yet resolved. The first issue
is technological unemployment. Automation will lead to a vast increase
in efficiency, but at the cost of eliminating a number of jobs. This
automation will not only take the form of robotic systems but also
machine learning and software, which will remove the need for human
analysis and oversight. Another significant economic issue that still
exists is the large income gap between the rich and the poor. This
situation occurs because the world's wealth is still owned by a minority
of the world's population. The increase in the world's population also
causes environmental pollution, especially in industrial areas. This
situation creates and maintains the issue of food waste, as rich
countries or some sections of the population waste food, while other
parts of the world are still starving due to the effects of high population

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