ISLAMIC SOCIAL FINANCE

The ISF Unit IIEF approaches to implement these services as per UNDP identifications on Islamic Social Finance Tools such as Zakat, Sadaqa, and Waqf. Notably, Zakat varies greatly in sub-Saharan Africa countries according to the 2016 World Bank and Islamic Development Bank Report. Thus, these tools will highly help to achieve the spirit of the Sustainable Development Goals (SDGs). The potential resources and impact of Islamic social finance instruments on our socio-economic development is unlimited.

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