ABSTRACT
The recent Covid-19 pandemic has swept the globe. As a result, there has been a spike in the number of relative poor who are experiencing economic hardships. This poses a predicament for the unbankable, reducing their options to apply for funding via banking products. With the available financial capacity, zakat institutions are viewed as the closest alternative in terms of being a source of funding, either through the microfinacing method or the qard hasan principle. Zakat is considered capable of becoming a social entrepreneurial system and a worthy alternative. The question is whether Islam permits microfinancing using zakat funds. If permitted, what is the rationale for distributing zakat through microfinance? Are there asnaf entreprenuers in Malaysia ready to take microfinance from the zakat fund to finance their businesses? This study is done using the case study method by conducting a semi-structured interview with zakat expertise and asnaf entreprenuers. Based on the content analysis, the findings of the study indicate that Islam permits microfinance using zakat funds. Asnaf entreprenuers are likewise eager to acquire microfinance from zakat money in order to strengthen their economic position and develop in life. This microfinancing is expected to have a good effect, particularly on the rising demand for asnaf entreprenuers. So, it is expected that asnaf entreprenuers will be able to switch from being a zakat recipient to a zakat payer within a certain amount of time. This will increase the amount of zakat and decrease the number of poor people. Even the poor's economy can be stimulated without usury (riba). © 2023 UNIVERSITY OF ZILINA.
ABSTRACT
Entrepreneurship is proven as a medium in lifting an economic state of an individual or a community. It is also can be considered as an alternative area to be explored especially in the current situation where the world is affected by the pandemic of COVID-19 globally. It justifies the need to research this topic to leverage its benefits to various perspectives including the asnaf community. Unfortunately, despite its importance, limited studies have been found were conducted on entrepreneurship among asnaf community. Therefore, this research is initiating research on this topic by conducting a systematic literature review on the published works on entrepreneurship among asnaf community to explore the trend of the existing research works. A PRISMA approach is adapted to collect the relevant literature that is scoped only to the Scopus and Web of Science (WoS) databases. The result obtained from this research is expected will provide an overview of the trend of previously conducted research works on the entrepreneurship among asnaf community. Finally, it can be referred by a potential researcher in this topic to plan their future research. Copyright © 2022 Wolters Kluwer Medknow Publications. All rights reserved.
ABSTRACT
Asnaf is a person that is eligible to receive zakat, a form of almsgiving collected from Muslims. Asnaf i-Care is a business and income management website designed to help qualified Asnafs who are computer-illiterate do online business. It uses the idea of a community manager to help asnaf merchants conduct online business by marketing their products online. This idea was introduced to assist in digitizing merchants' conventional business. The Community Manager takes care of the overall e-commerce website management and manages marketing through social media and orders. The overall design of Asnaf I-Care includes Phase 1, developing an e-commerce system for Asnaf products;Phase 2, monitoring the income of Asnaf entrepreneurs;and Phase 3, distributing Asnaf goods. In addition, this paper covers phase 1, the purchasing system. Feedback was compiled from 37 asnaf merchants operating small and micro enterprises and 43 university students. The questionnaire was divided into four parts: merchants' readiness to transition to e-commerce business with community managers, acceptance of the concept of Asnaf i-Care and community managers, pricing in Asnaf i-Care application, and merchants' suggestions and comments to improve Asnaf i-Care application. Overall, almost all Asnaf merchants agree with community managers' concept of helping them implement their online businesses. However, the percentage of agreement is slightly lower among students than among merchants. In conclusion, Asnaf dealers can adopt the concept of community business well with the help of community managers, especially those whose business is negatively affected by the situation COVID -19. © 2022 IEEE.
ABSTRACT
Had Kifayah refers to a minimum basic necessity rate set based on the current cost of living. The objective of this paper is to determine the current Had Kifayah for asnaf candidates focusing more on USIM Pre-Graduate students as the target group. The research method used are the qualitative and quantitative which apart from referring to existing writing and references, a survey was conducted to obtain the latest data from asnaf students through previous databases. The survey has been conducted via online instead one to one interview due to Covid-19 pandemic. Through a survey that covers aspects of student spending and income, the average of spending method has been used as per agreed with all team members to determine the Had Kifayah, in line with the method used by the state Islamic religious council as a reference. With the improvements made in the agreed calculation system, a more accurate calculation method has been developed and at the same time can help the process of proper distribution of zakat.