Mahmood, J., Hassan, M. K., & Muneeza, A. (2022). The transformative power of zakat (alms) in a humanitarian crisis: a case study from Kenya. In M. K. Hassan, A. Muneeza, & K. N. M. Sonko (Eds.), Islamic finance in Africa: the prospects for sustainable development (pp. 307-318). Edward Elgar Publishing Limited.
“By using these funds, the plan is to embark in a similar project to assist a neighbouring county, Garissa, enduring a parallel kind of destitution. Therefore, via this project the zakat receivers of Kitui has been transformed into zakat payers reflecting the power of zakat in attaining financial self-sufficiency…”
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"By country, Malaysia is the runaway leader thanks to high scores, hovering around
100, across all indicators. Malaysia’s biggest Islamic finance ecosystem strengths are
Awareness, Knowledge and Sustainability. Saudi Arabia, another all-rounder, follows
closely after Malaysia. Indonesia’s very strong performance in Knowledge and good
scores for Governance secure it the third highest rank. The Gulf Cooperation Council
(GCC) countries ex-Saudi Arabia, Pakistan and Bangladesh occupy the remaining top
ten spots."
ICD. (November 22, 2022). Islamic Finance Development Indicator value score of leading Islamic finance markets worldwide in 2022 [Graph]. In Statista. Retrieved March 16, 2023, from https://www.statista.com/statistics/1090847/worldwide-ifdi-value-score-of-leading-islamic-finance-markets/
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