International Journal of Zakat (IJAZ)
Vol 7 No 2 (2022): International Journal of Zakat

The Impact of Zakat Literacy, Trust, and the Accessibility of Digital Payments on Generation Z and Y's Intention to Pay Zakat to Central Zakat Fund, the State Bank of Pakistan

Zahid Hussain (Unknown)
Raja Sultan (Unknown)
Asadullah Asadullah (Unknown)
Muhammad Arif (Unknown)
Aftab Ali (Unknown)



Article Info

Publish Date
30 Dec 2022

Abstract

Even though 96% of Pakistan's population is Muslim, the enormous capacity for zakat management in Pakistan has sadly not been utilised. Several Muslim groups in Pakistan prefer to contribute their zakat immediately toward the Central Zakat Fund instead of officially to the government. This behaviour has turned into a major issue that needs to be investigated and fixed. In this research, several variables are examined, including zakat literacy, trust, and the accessibility of digital payments, which have been linked to people's intentions toward zakat collection and zakat management organizations are examined. A sample of 100 young Muslims, specifically members of generation Z as well as the millennials, participated in this study in Sindh. The analysis method used was multi-regression analysis. The findings indicated that the Zakat literacy variable had a limited impact on Generation Z and Millennials' intentions to make zakat payments to zakat management organizations. While Generation Z and Millennials' intentions to contribute zakat to zakat management organizations are somewhat influenced by the factors of trust and accessibility of electronic payments. These three different research factors have an impact on Millennials and Generation Z's intentions to contribute zakat to zakat management organizations concurrently. Overall, 64.8% of the variance in the Y variable could be explained by three main research variables X.

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Journal Info

Abbrev

journal

Publisher

Subject

Religion

Description

International Journal of Zakat (IJAZ) is an open access journal. All accepted manuscripts are published Free of Charges. International Journal of Zakat (IJAZ) focuses on zakat studies such as general activities of zakat management, institutional foundation, zakat administers qualifications, good ...