The opening subject of a three-part web series, co-organized by the College of Islamic Studies at Hamad Bin Khalifa University and the United Nations Development Programme, focused on the potential for Zakat financing to fill funding gaps for achieving Sustainability Development Goals.

The first instalment of the HBKU-UNDP Webinar Series: Islamic Social Finance and SDGs took place on October 6th and 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 coherence with previous HBKU events, audience members were given the opportunity to pitch questions and respond to observations made by the panelists.

Dr. Syed Nazim Ali, Director of CIS’ Research Division and its Centre of Islamic Economics and Finance, expressed his delight in working with the UNDP on this webinar series.

He added, “Innovative and resourceful use of Islamic social finance will be crucial over the years ahead, particularly when it comes to sustainability issues. We’re confident that this and our other webinars will provide an informed overview of what relevant types of Islamic social financing look like.”

Lastly, he acknowledged and appreciated the National Zakat Board Indonesia and the QFC for their respective contributions and support.

The College of Islamic Studies at Hamad Bin Khalifa University regularly holds events to highlight its research activities and projects.

For more information, please visit cis.hbku.edu.qa

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