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Islamic Finance Briefing - Categorized | Funds, Performance more

Zakat fund collection drops

Posted on 25 November 2009

From Thepeninsulaqatar.com: The global financial crisis has also adversely impacted Zakat collection this year. There has been a drop of QR5m in Zakat collection during the seven-month period from April to October this year, the state-run Zakat Fund has reported.

Although, Zakat Fund officials did not specify reasons for the drop, it is understood it could be an outcome of the world economic turmoil………………………….Full Article: Source

 
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