Discuss the roles of zakat as an islamic social fund

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Based on the Inaugural Event conducted by the Finance and Accounting Department FBT, titled Leveraging the Best Tools in Recovering the Economy, one of the discussions by the panels was on the Islamic Social Finance. Although zakat collection last year was almost RM2.9 billion, the amount was still not at par with the increase in our GDP. However, it was found that zakat collection has been increase tremendously during the Covid 19 pandemic. Discuss the roles of zakat as an Islamic social fund in mitigating the effect of the Covid-19 pandemic on the people and the entire community

Reference no: EM132910769

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