Page 26 - Zakat & Waqf: Impact on Women and Community Development
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© Zakat & Waqf: Impact on Women and Community Development
ISBN 978-967-####-##-#
Farinha, L. et al. (2018). From a socio-cultural perspective, society is
thought to have a broad impact on the development of entrepreneurs.
CONCLUSION
Zakat is a duty mandated by God in the good of society. While these
charitable gifts meet the needs of society on the one hand, doing so in
the name of God purifies the donor's heart of selfishness and greed.
So, it is crucial for Islamic financial planning and budgeting that you
comprehend the concept of zakat and how to determine the goods that
are zakatable. The Zakat payer must keep in mind that paying the Zakat
on time will enhance wealth, have a beneficial impact on human
relations, and significantly boost a nation's economy. Instead of
reducing one's property, paying the Zakat will increase wealth. Women
entrepreneurs can be developed using the identified antecedents to
gain in-depth understanding of the situations they face. Thus, zakat
institutional should learn the current situation of women entrepreneurs
and prepare effective educational modules that fulfil their need and
requirements. More activities for the benefit of the Muslim ummah,
such as improving infrastructure or lowering poverty levels among the
populace, could be carried out with more money raised through zakat
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