Indonesia’s National Zakat Index aiming for better sector management, stakeholder cooperation
JAKARTA - Indonesia launched a National Zakat Index (NZI) last month to track the management and performance of its zakat institutions, Arifin Purwakananta, Director of Amil at the National Zakat Board (BAZNAS) told Salaam Gateway.
NZI measures the collection and distribution of zakat across its value chain, from the regional to national aggregate levels. The Index will start tracking zakat in the first quarter of 2017 and it will be updated twice a year.
“The index is aimed at strengthening zakat management quality and developing cooperation among Islamic stakeholders. We would like to see more of such an index that can be recognised globally,” said Purwakananta.
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