Islamic Social Finance at World Humanitarian Summit

It was an eagerly awaited event. A day before the event, the daily Star of Malaysia published an interview titled “Taking Islamic Social Finance to the World” with HE the Sultan of Perak who would lead a special session on Islamic Social Finance at the United Nation’s inaugural World Humanitarian Summit (WHS) in Istanbul. The…

Should Zakat Be Used for Humanitarian Finance?

On March 26 a very interesting document “An Act of Faith: Humanitarian Financing and Zakat” prepared by Chloe Stirk was launched at an event hosted by Development Initiatives and Muslim Charities Forum in London. The paper echoes the concerns expressed by UN Humanitarian Summit at the ever-increasing demand and supply gap for humanitarian funds. For instance, the paper points…