Proposed Model for Mosque Social Finance Fund in Southern Thailand

The article titled “Proposed Model for Mosque Social Finance Fund in Southern Thailand.” proposes a new innovative approach that will enhance the social financing of mosques for the improvement of the Muslim community's economic well-being in Southern Thailand. The model presented in this paper focuses on raising extra resources through the integration of Islamic social finance tools such as zakat, waqf, and Sadaqah towards the region's development strategies in eradicating poverty, education, and health concerns. The structural design of this model respects the Islamic economic regulatory frame, which can be utilized in empowering communities from the grassroots level in a sustainable way. The paper highlights the financial role of the mosques in the mobilization of resources to benefit the community especially the poor and the means to do so through the financial instruments designed. In addition, this article considers what would be the consequences of this document and in what way it would help in the development of economic conditions for the Muslims in Southern Thailand.

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Publication Details

Journal
International Journal of Academic Research in Business and Social Sciences
Published
2024-10-14
DOI
https://doi.org/10.6007/ijarbss/v14-i10/23250
Primary Topic
Islamic Finance and Banking Studies
Type
article
Field-Weighted Citation Impact
0.00
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article

Proposed Model for Mosque Social Finance Fund in Southern Thailand

Mohammadtahir Cheumar, Iwan Agustiawan Fuad
International Journal of Academic Research in Business and Social Sciences
Islamic Finance and Banking Studies
article

Proposed Model for Mosque Social Finance Fund in Southern Thailand

Mohammadtahir Cheumar, Iwan Agustiawan Fuad
article en

Abstract

The article titled “Proposed Model for Mosque Social Finance Fund in Southern Thailand.” proposes a new innovative approach that will enhance the social financing of mosques for the improvement of the Muslim community's economic well-being in Southern Thailand. The model presented in this paper focuses on raising extra resources through the integration of Islamic social finance tools such as zakat, waqf, and Sadaqah towards the region's development strategies in eradicating poverty, education, and health concerns. The structural design of this model respects the Islamic economic regulatory frame, which can be utilized in empowering communities from the grassroots level in a sustainable way. The paper highlights the financial role of the mosques in the mobilization of resources to benefit the community especially the poor and the means to do so through the financial instruments designed. In addition, this article considers what would be the consequences of this document and in what way it would help in the development of economic conditions for the Muslims in Southern Thailand.

International Journal of Academic Research in Business and Social SciencesVol. 14(10)
Decent work and economic growth
Openalex Percentile: Top 70%
Islamic Finance and Banking Studies
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Proposed Model for Mosque Social Finance Fund in Southern Thailand — Mohammadtahir Cheumar, Iwan Agustiawan Fuad · International Journal of Academic Research in Business and Social Sciences (2024) | TGRS Research Map | TGRS