Photo for illustrative purposes only. Zakat being paid out to beneficiaries at a mosque in Bogor, West Java, Indonesia, on May 27, 2019. Lili Aini/Shutterstock

Islamic Finance

Despite the pandemic, zakat collection in Indonesia expected to top 2019 thanks to digital payments


JAKARTA – Despite the pandemic, the total value of zakat collected in Indonesia this year is expected to increase thanks to digital payment channels.

National zakat body BAZNAS has been working with more than 80 digital partners including fintechs for payment services, e-commerce, social crowdfunding, and AI.

The agency expects zakat collection via its BAZNAS Central to increase by 30% and exceed the 400 billion rupiah ($28.4 million) target this year, up from the 290 billion rupiah collected in 2019. Its forecast is more than 12 trillion rupiah for the total national collection, from 10.2 trillion rupiah last year.

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Zakat