The potential for Zakat financing to fill funding gaps for achieving the Sustainable Development Goals (SDGs) was the opening subject of a three-part webinar series co-organized by the College of Islamic Studies (CIS) at Hamad Bin Khalifa University (HBKU) and the United Nations Development Program (UNDP), in partnership with Qatar Financial Centre (QFC) Authority.
The first instalment of the HBKU-UNDP Webinar Series: Islamic Social Finance and SDGs showcased National Zakat Board Indonesia’s (BASNAZ) innovative application of Zakat funds for local SDG projects in underserved communities.
Consideration was also given to how the BAZNAS Zakat Model for development can be replicated and utilized within and beyond the Islamic world. In keeping with all HBKU events, proceedings concluded with opportunities for audience members to pitch questions and respond to observations made by the panelists.
Speaking after the webinar, Dr. Syed Nazim Ali, Director of CIS’ Research Division and its Centre of Islamic