Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/161768
Authors: 
Hoque, Nazamul
Khan, Mohammad Aktaruzzaman
Mohammad, Kazi Deen
Year of Publication: 
2015
Citation: 
[Journal:] Journal of Global Entrepreneurship Research [ISSN:] 2251-7316 [Volume:] 5 [Year:] 2015 [Issue:] 7 [Pages:] 1-20
Abstract: 
Around 3 billion people are living in poverty of which 35 % are from Muslim World (World Bank 2010). In this case, global Muslim community has prime role to address the injustice of global poverty through zakah as an Islamic faith-based institution and having potential annual fund of $ 139.32 billion in Muslim world. This study designed an explanatory sequential mixed method. For qualitative data, 17 managers were interviewed and 85 zakah recipients were purposively surveyed (disproportionate sampling) for quantitative purpose between August 1 and December 30, 2013. The results indicate that zakah has significant bearing on the conditions of zakah recipients and lie the foundation of developing small business entrepreneurship by mobilizing zakah as seed money (investment) and not as spent money (consumption). A five-phased process model underpinned by two well-grounded theories: Becker's human capital theory and Kirkpatrick's training evaluation taxonomy has been proposed for developing entrepreneurship having universal application. The model's implications for alleviating poverty by governments, zakah management institutions, and policy makers also discussed in the paper.
Subjects: 
Poverty alleviation
Zakah
Entrepreneurship development
Skills development
JEL: 
I32
L26
P36
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by/4.0/
Document Type: 
Article

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