Photo: A man paying zakat in Medan, Jakarta, in 2018. Adil Armaya / Shutterstock.com

Islamic Finance

Indonesia digitising Islamic social finance payments for mosques and cooperatives to better manage, distribute funds


JAKARTA - Indonesia’s government will digitise the traditional sadaqah donation system used by mosques, and develop a digital platform for zakat and waqf payments to help Islamic finance cooperatives better manage and distribute funds.

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tags:

Fintech
Islamic social finance
Sadaqah
Waqf
Zakat