Center for Zakat Management (CZM) and its role in poverty eradication in Bangladesh

Centre for Zakat Management (CZM) introduced a new mechanism of payment, utilization, mobilization and effective distribution of Zakat in an organized and planned manner to achieve significant success in poverty eradication in Bangladesh. CZM adopted prime initiatives for institutionalizing Zakat ma...

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Main Authors: Osmani, Noor Mohammad, Al-Masud, Abdullah
Format: Proceeding Paper
Language:English
Published: Universiti Sains Islam Malaysia (USIM) 2014
Subjects:
Online Access:http://irep.iium.edu.my/52181/1/52181_Center%20for%20Zakat%20Management%20%28CZM%29.pdf
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author Osmani, Noor Mohammad
Al-Masud, Abdullah
author_facet Osmani, Noor Mohammad
Al-Masud, Abdullah
author_sort Osmani, Noor Mohammad
collection IIUM
description Centre for Zakat Management (CZM) introduced a new mechanism of payment, utilization, mobilization and effective distribution of Zakat in an organized and planned manner to achieve significant success in poverty eradication in Bangladesh. CZM adopted prime initiatives for institutionalizing Zakat management system aiming to promote prosperity and raise standard of living of the poor communities in Bangladesh. CZM provides zakat to the needy people in order to improve their living standard through income generating activities. The main objective of this paper is to examine the activities of CZM and its role in upgrading the living standard of needy people. Primary data are collected from the project area especially from Manikganj District of Bangladesh that received zakat under Jibeeka project of CZM. The data are also collected from the head office of CZM, Dhaka, Bangladesh. It is expected that the similar steps could be adopted in the different parts of the Muslim world to eradicate poverty from the society.
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spelling oai:generic.eprints.org:521812016-11-10T06:50:11Z http://irep.iium.edu.my/52181/ Center for Zakat Management (CZM) and its role in poverty eradication in Bangladesh Osmani, Noor Mohammad Al-Masud, Abdullah BP173.75 Islam and economics Centre for Zakat Management (CZM) introduced a new mechanism of payment, utilization, mobilization and effective distribution of Zakat in an organized and planned manner to achieve significant success in poverty eradication in Bangladesh. CZM adopted prime initiatives for institutionalizing Zakat management system aiming to promote prosperity and raise standard of living of the poor communities in Bangladesh. CZM provides zakat to the needy people in order to improve their living standard through income generating activities. The main objective of this paper is to examine the activities of CZM and its role in upgrading the living standard of needy people. Primary data are collected from the project area especially from Manikganj District of Bangladesh that received zakat under Jibeeka project of CZM. The data are also collected from the head office of CZM, Dhaka, Bangladesh. It is expected that the similar steps could be adopted in the different parts of the Muslim world to eradicate poverty from the society. Universiti Sains Islam Malaysia (USIM) 2014 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/52181/1/52181_Center%20for%20Zakat%20Management%20%28CZM%29.pdf Osmani, Noor Mohammad and Al-Masud, Abdullah (2014) Center for Zakat Management (CZM) and its role in poverty eradication in Bangladesh. In: Muktamar Waqf Iqlimi 2014, 29th Apr. 2014, Nilai, Negeri Sembilan. http://submit.confbay.com/conf/iqlimi2014
spellingShingle BP173.75 Islam and economics
Osmani, Noor Mohammad
Al-Masud, Abdullah
Center for Zakat Management (CZM) and its role in poverty eradication in Bangladesh
title Center for Zakat Management (CZM) and its role in poverty eradication in Bangladesh
title_full Center for Zakat Management (CZM) and its role in poverty eradication in Bangladesh
title_fullStr Center for Zakat Management (CZM) and its role in poverty eradication in Bangladesh
title_full_unstemmed Center for Zakat Management (CZM) and its role in poverty eradication in Bangladesh
title_short Center for Zakat Management (CZM) and its role in poverty eradication in Bangladesh
title_sort center for zakat management czm and its role in poverty eradication in bangladesh
topic BP173.75 Islam and economics
url http://irep.iium.edu.my/52181/1/52181_Center%20for%20Zakat%20Management%20%28CZM%29.pdf
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