Photo for illustrative purposes only. A man receiving zakat from officers at the Al Falaah Mosque in Bogor, West Java, Indonesia, on Mat 27, 2019. Lilil Aini/Shutterstock

Islamic Finance

Indonesia national zakat agency collaborating with IsDB in $745k community-driven program


JAKARTA - The Islamic Development Bank (IsDB) Group and Indonesia's National Zakat Management Agency (BAZNAS) are working together to integrate zakat with a number of Community-Driven Development programs (CDD) in the Southeast Asian country.

The multilateral lender and its member organisation for poverty alleviation, the Islamic Solidarity Fund for Development (ISFD), will provide a grant for technical assistance of $515,000 to support a pilot project worth $745,000. BAZNAS will add $230,000 as the agency that will manage and implement the project.

The program aims to make the best out of the potential of zakat, infaq, sadaqah and other Islamic social funds, motivating people to become part of an active development network, said IsDB Group President Dr. Bandar Hajjar during a webinar on Nov 5.

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Zakat