Zakat. For many, it’s known simply as a religious obligation—a yearly payment, a good deed, a way to cleanse wealth. But in Selangor, zakat is far more than a transaction. Here, zakat is a catalyst for change. And at the heart of it is an institution that has quietly but

When we think of waqf (Islamic endowment), many of us picture mosques or schools built centuries ago. But Dompet Dhuafa, an Indonesian Islamic philanthropic institution, is giving waqf a modern twist—and the impact is nothing short of inspiring. What’s Waqf Anyway? Let’s start simple. Waqf is a form of charitable

Worldwide, microfinance programs tend to have significantly higher interest rates compared to commercial banks. For instance, Grameen Bank’s interest rate is around 20%, while BRAC’s is most probably 25%. Some international microfinance programs even charge higher rates. One of the primary reasons behind these higher rates is the higher risk

A few days ago, Professor Jasser Auda spoke about Waqf at a seminar. He believes Waqf is one of the principal pillars of Islamic economics. Rather than viewing Waqf solely as an act of charity, he sees it as the backbone of Muslim civilization. He also highlighted how essential Waqf