25 Jul 2023
According to the Saudi Press Agency (SPA), the initiative forms part of the Bank’s broader efforts to promote Islamic social finance development across its member states. The program was conducted with participation from representatives across various regions of Uganda.
The event aimed to support the development of the “Bayt al-Zakat and Waqf” foundation for the effective administration of zakat in service of Uganda’s Muslim community, while also contributing to human capital development in Islamic social finance.
Key themes addressed during the program included the fiqh of zakat, governance and management of zakat institutions, the role of zakat in achieving the Sustainable Development Goals (SDGs), the application of financial technology (fintech) in zakat administration, and successful zakat management experiences from IsDB member countries.
source: https://www.spa.gov.sa/fa/17b9c3c9e3t
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