Poverty Alleviation In Nigeria Through Waqf: Adopting A Crowdfunding-Sadaqah Model (CSM)
April 23rd, 2021
By SaheedAfolabi ASHAFA (PhD)
Poverty is being tackled worldwide with a plethora of
approaches. In Islamic realm, zakat, waqf and sadaqah among others are
generally being utilized to minimize the intensity of poverty. While there may
be limitation of nisab and haul for potential zakat payers, lack of awareness
and accessibility to appropriate platform remain hindrance to waqf and sadaqah
respectively. Since sadaqah has no strict conditions, it then poised as a
viable option to harness donations from numerous philanthropists of varying categories.
This paper seeks to explore a crowd funding-sadaqah model (CSM) in which
charity is paid through the internet means to create a pool of fund for waqf.
With respect to Nigeria, this idea is to compliment the extant means through
which poverty is being addressed. It is an exploratory design which is largely
library based. With this, it is hoped that cash waqf will be established to
enhance socio-economic growth for the poor.