I-Finance Journal
Vol 10 No 2 (2024): I-FINANCE: a Research Journal on Islamic Finance

ENHANCING MUSTAHIK WELFARE THROUGH ISLAMIC SOCIAL FINANCE: AN INSTITUTIONAL PERSPECTIVE

Muhammad Rusdi (Unknown)
Mahmud Alfan Jamil (Unknown)
Sinsin Asmy (Unknown)



Article Info

Publish Date
31 Dec 2024

Abstract

This research aims to determine the efforts of Islamic social financing institutions in Palembang, including Baznas and LAZ, to improve the welfare of mustahiq. The key informants in this research are the leaders of Baznas and LAZ. Data analysis techniques using qualitative descriptive. Research findings show that several strategies used by Baznas in distributing zakat, infaq and alms funds to improve mustahik welfare include, meeting basic needs, economic empowerment through productive zakat, educational program scholarships, free health services, priority distribution in remote and underdeveloped areas, cooperation and partnerships with the government, Ramadan programs and community empowerment. Conclusions to improve the welfare of mustahik Baznas and LAZ provide support to Mustahiq in the form of programs and strategies in collaboration with the government

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Journal Info

Abbrev

I-Finance

Publisher

Subject

Economics, Econometrics & Finance

Description

I-Finance: a Research Journal on Islamic Finance is a peer-reviewed journal on Islamic ...