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The role of Zakat as an instrument for economic and social justice

Vantage Point ? This week on Vantage Point, we look at how Islamic finance, in particular the role of Zakat, is used as an instrument for economic and social justice. As the development of Zakat in Malaysia becomes more centralized and institutionalized to suit the financial, legal and political systems, how can it be managed and distributed more efficiently for the most needy segments of society?