The role of zakat in supporting the Sustainable Development Goals
The role of zakat in supporting the Sustainable Development Goals
May 26, 2017
Ending poverty and inequality are some of today’s greatest challenges that the Sustainable Development Goals (SDGs) aim to overcome. Giving by different religions plays an important contribution to financing those Goals. Zakat, as an obligatory payment for all Muslims earning above a certain threshold, is one of the world's largest forms of wealth transfer to the poor. It is also perhaps the most overlooked by development organisations despite its tremendous potential. This report discusses the overlap between the purpose of zakat and the global goals and the important role zakat can play in achieving them.