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Accessing To Roles Of Zakat Institution On Nigerian Economy Development
[A Case Study of Niger State Endorsement Board]
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1.4 SIGNIFICANCE OF THE STUDY
The following will make the work significant at the end of the work.
1. It would make prove on the classes of the people to benefit from Zakat.
2. It would serve as eyes opener to the people, especially students community on how distribution of Zakat is done in the state.
3. It would unfold the problems that the state Zakat beard encounter in discharging their duties.
4. It would suggest policy recommendations as solution to the problems.
1.5 THE SCOPE AND LIMITATION OF THE STUDY
The research work cover areas of Niger state as a whole references are in some cases going to be made to other states or Muslim institutes. The work will be extended to types of Zakat and Zakatable goods and eligible recipients.
During the courses of this research work, certain problems were encountered by the researcher. For instance, lack of sufficient materials there are also this sonic technique to analyze data since some figures such as payment from Zakat and distribution to beneficiaries are not actually identified or quantified.
1.6 RESEARCH QUESTIONS/ASSUMPTIONS
From the foregoing I the objective of study, that is assessing the roles of zakat on Nigerian economy development. The following questions could be asked and possible solutions would be proffered.
a. People are not willing to give out Zakat dues.
b. The standard living of people is worsening
c. Lack of awareness in the part of rich people
d. The technical inefficiency in the part of rich people
e. The technical inefficiency of Zakat board to execute zakat exercise.
1.7 DEFINITION OF TERMS
The words terms found in this research work were used and adopted to suit purpose of this research work study:
‘Dinar’ this is a Gold coinage weigh 4.4 grams used as means of exchange in those days.
Dirham’ silver coinage weigh as 3.08 grains also used as a means of exchange in those days.
‘Nisab’ minimum amount due for Zakat
‘Mujihadeen’: Islamic fighter or propagator.
‘Sadaqa’: Is any form or charity, but specifically is refered to voluntary gift.
“Zakat†(That which purify) is one of the five pillars of islam. It refers to aims giving which is obligatory for all Muslims who meet a minimum wealth requirements.
Ismalm: Is the most complete way of life is moving forward in the religion of Islam. The word Islammaan word “Surrender†to the will of God.
ECONOMY DEVELOPMENT: It is the quantitative qualitative changes in economy. Such actions can involve multiple areas including development of human capital environment sustainability and social inclusion.
ZAKAT INSTITUTION: In economic terms however, the Muslim seeks to establish a society where social duties and distributional equity would prevail so that a section society does not discriminate and proper at the expense of the rest of the society.
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ABSRACT - [ Total Page(s): 1 ]ABSTRACTAlmighty Allah the ordained wealthy individual muslim pay their Takat as ludainetital pillar, also as source for welfares services to the poor and needy.The eight of Zakat recipient who are entitle to benefit were enumerated such as the poor, needy and welfare e.t.c. Zakat fitr and Zakatul wealth and property were important aspect of this research work.The zakatable wealth includes the following cash, animal and plant crops. The essence of Zakat is to provide welfare package top title le ... Continue reading---
