ZAKAT ET FINANCEMENT SOCIAL : ANALYSE DE L’EXPÉRIENCE DE L’ALGÉRIE ET DE LA MALAISIE

Abstract

Zakat is a legal handout that has been a means of social financing for centuries. It allows the redistribution of wealth and plays an important role in reducing poverty. The objective of this article is to know how Zakat can be a social financing tool that helps the poor and the destitute to get out of poverty? By examining the experience of two countries that centralize, collect and distribute Zakat, namely: the Zakat Fund of Algeria and the Zakat Fund of Malaysia "Selangor". This paper reviews the strategies put in place by these two funds for the distribution of Zakat and compares them in order to raise some proposals and challenges to overcome. The results obtained have allowed us to conclude that the institutionalization of Zakat allows this pillar to fully play its role as a means of financing intended for the poor in the form of consumption aid or project financing. The experience of Malaysia remains very developed compared to that of Algeria, since it is older, collecting significant funds, as it intervenes in several areas to improve the quality of life of the poor and allow them to get out of poverty and become donors of Zakat.

Keywords

• zakat, poverty, development, investment, selangor