Bank Indonesia: Zakat is more efficient and resistant in the face of poverty
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    Bank Indonesia: Zakat is more efficient and resistant in the face of poverty

    Sunday, May 15, 2016, May 15, 2016 EDT Last Updated 2016-05-16T03:17:14Z


    Head of the Division of Economic Development and Syariah Bank Indonesia (BI), Dadang Muljawan call, the potential zakat and waqf Indonesian people facing poverty and natural disasters in some regions.

    "So the zakat is more efficient and resistant in the face of poverty or natural disasters," said Dadang in the event the Islamic Development Bank (IDB) Group in Senayan, Jakarta, Sunday (15/5).

    Given the tremendous potential of zakat, Bank Indonesia will develop the mandate of zakat to the entire region. However, charity is the principle of the right of every community. He said he could not organize and demand the donor charity.

    However, the central bank now needs to assess their zakat-related settings in the banking sector itself.

    "It would be better if the channel can be maximized through a system designed and well-managed and provide motivation," he said.

    As a country with a majority Muslim population, it had to rely on Islamic and conventional financial system.

    "If we call Islam, should contribute to the world and the hereafter. So this spirit called for a regulatory framework which is good," he concluded.
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