Publication:
Zakat in the 'stans': a review of the Kazakh and Uzbek zakat model
Abstract
Central Asian nations have been independent for almost three decades since the collapse of the Soviet Union in 1991. Colloquially known as the 'stans', these Muslim-majority nations (more than 85% Muslim) include Kazakhstan, Uzbekistan, Kyrgyzstan, Tajikistan, and Turkmenistan with a collective population of approximately 72 million. Religious practices are slowly emerging after decades of religious censorship, with at least a generation having lived under Soviet socialism. Economically, these Central Asian countries have suffered setbacks from the COVID-19 shock, emanating from an over-reliance on commodities such as oil revenue, migrant labour, low levels of diversification and inefficient social protection (UNDP, 2020). Existing Islamic social finance solutions such as zakat, waqf and sadaqah have been largely ineffective in supporting those economically impacted.
Keywords
Zakat , Kazakhstan , Uzbekistan
Citation
Mahomed, Z. (2021). Zakat in the 'stans': a review of the Kazakh and Uzbek zakat model. IF Hub, 1 (March 2021), pp. 26-35.
Publisher
INCEIF
DOI
Files
Zakat_in_the_stans_Ziyaad.pdf
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