Zakat Model For Countering The Adverse Impact Of Covid-19 Pandemic On Individuals In Bauchi State Nigeria

Ibrahim Dahiru Idriss

doi:10.33102/jfatwa.vol26no2.403

Authors

Ibrahim Dahiru Idriss Federal University of Kashere, Nigeria

DOI:

https://doi.org/10.33102/jfatwa.vol26no2.403

Keywords:

adverse, bauchi, COVID-19, individual, model, zakat

Abstract

The current menace of COVID-19 pandemic has already impacted almost each and every one across the globe directly or indirectly. The focus of world leaders and economist has now shifted from spread of the disease to the economic consequences which will bring hardship to the society in general and individuals in particular. The menace of the pandemic resulted shortage of production which will result into the shortage of supply and consequently will end as loss of jobs and employment for millions of individuals around the globe. The most important group of people to be considered in our society during any crisis are daily wage earners who will have to bear the major burnt of this crisis. The proposed integrated Model of collecting and distributing Zakat can help the government agencies and economic institutions to minimize the adverse impact of COVID-19 pandemic on individuals in Bauchi State Nigeria. The present study explores the possibility of Zakat as a financing method to fight the adverse impact of COVID-19 pandemic on poor individuals in the society. It provides the solution by proposing an Islamic Model of collecting Zakat and its well distribution. The qualitative approach which include review of related literatures and interview with relevant bodies on personnel’s have been adopted in the study. While inductive approach of thematic analysis was utilized for data analysis. The findings of the study reveal that Zakat as an Islamic finance model have immense potential to fight any kind of situation and pandemic in respect of location, era, people or religion. Zakat, if properly collected, well managed and accurately distributed can help to fight the adverse effect of COVID-19 pandemic on individuals in the study area. Practical Implications to be used as an effective way to support poor individuals during and after the period of COVID-19 pandemic in Bauchi State Nigeria. The study will contribute massively to the existing literature and will help the government, religious organizations and civil societies in fighting the economic impact of COVID-19 pandemic on individuals in Bauchi State, Nigeria.

Downloads

Download data is not yet available.

References

Adam I. A (2020). Poverty Alleviation through Zakat Distribution in Azare town Bauchi State: A Public lecture presented during 2020 Zakat distribution program at Nasarawa “A” Emir Palace Azare on 21/10/2020.

Al-Banna, M. A. K., & Michael, I. (2019). Zakat and Its Socio-Economic Merits: A Holistic View towards Eradication of Poverty. In Socio-Economic evelopment: Concepts, Methodologies, Tools, and Applications (pp. 500-514). IGI Global.

Ali, J. A. (2014). Zakat and poverty in Islam. Islam and Development: Exploring the Invisible Aid Economy, 15-32.

Barakatu A.M (2021) Consequences of COVID-19 on Women and Children in Katagum Local Government Area, of Bauchi State. Unpublished paper presentation in a town hall meeting and awareness during COVID-19 pandemic held at Azare on 1/1/2021.

Embong, M. R., Taha, R., & Nor, M. N. M. (2013). Role of Zakat to Eradicate Poverty in Malaysia. Jurnal Pengurusan (UKM Journal of Management), 39.

Erkens, D. H., Hung, M., & Matos, P. (2012). Corporate Governance in the 2007– 2008 Financial Crisis: Evidence from Financial Institutions Worldwide. Journal of corporate finance, 18(2), 389-411.

Haider Syed, M., Khan, S., Raza Rabbani, M., & Thalassinos, Y. E. (2020). An Artificial Intelligence and NLP Based Islamic FinTech Model Combining Zakat and Qardh-Al-Hasan for Countering the Adverse Impact of COVID 19 on SMEs and individuals.

Muhammad, D. G. (2020). Effectiveness of Lockdown (from 30th march to 30th may, 2020) in Curbing the Spread of Coronavirus: Lagos, Abuja and Ogun as a Case Study. Yen Med J, 2(4), 7-9.

Musa A.D (2021) Medical Advices During COVID-19 Pandemic for Village Heads in Katagum LGA Bauchi State: Unpublished paper presentation in a Town Hall Meeting and Awareness During COVID-19 Pandemic held at Azare on 1/1/2021

Ojakorotu, V., & Olajide, B. (2021). Proceedings on the Conference on the Implications of Covid-19 on Gender and Behaviour in Africa.

Romer, C. D. (1990). The Great Crash and the Onset of the Great Depression. The Quarterly Journal of Economics, 105(3), 597-624.

Diwakar, D. M. (2020). From Pandemics to Poverty. Hotspots of Vulnerability in Times of Crisis. Emerging Analysis and Ideas.

World Bank. 2020. Small and Medium Enterprises Finance. Available at: https://www.worldbank.org/en/topic/smefinance. Accessed on 14 April, 2020.

Yusuf A. A., (2021) COVID-19: A Pandemic and Agent of Poverty in Local Communities: Unpublished paper presentation in a Town Hall Meeting and Awareness During COVID-19 Pandemic held at Azare on 1/1/2021.