Muslims account for around 1% of New Zealand’s 5 million population, and is expected to reach 3% by 2050 (Shutterstock).

Islamic Finance

National Zakat Foundation of New Zealand launches to serve growing Muslim population


The move comes nearly a decade after the international organisation established a presence in Australia.

 

The National Zakat Foundation (NZF) has officially launched in New Zealand with the organisation anchored on providing an end-to-end service for the country’s growing Muslim community, specifically in respect of Islamic almsgiving, zakat.

Born out of the UK-based organisation, NZF New Zealand had a soft launch at the end of April and officially rolled out at the end of May. The organisation joins other NZF members in Australia, Canada, Switzerland and the Netherlands.

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tags:

Charity
Islamic finance
Zakat
Islamic banking