Revue Les Cahiers du POIDEX
Volume 10, Numéro 1, Pages 603-620
2021-06-30

The Social And Economic Role Of « El-qardh El-hassan » –the Case Study Of Oran–

Authors : Dekkiche Djamal . Sayeh Fatima . Mortet Sabrina .

Abstract

Zakat is considered as one of the most crucial resources from the economical side, as it works on a fair distribution of wealth, and it allows from financing micro-projects using Zakat money and investing it as loans (El-Qardh El-Hassan). In this research will highlight the financial and developmental role of Algerian Zakat Fund “the loan (El-Qardh El-Hassan)” in Oran. Oran’s Zakat Fund managed though its novelty to participate in helping many poor people and financing nearly 134 micro-institutions during eight years and around 150 micro-institutions since it started working with the loan (El-Qardh El-Hassan), and job creation for unemployed youth thanks to loan (El-Qardh El-Hassan) despite its’ limited resources and lack of experience in this field

Keywords

Zakat Fund in Oran ; micro-projects ; El-Qardh El-Hassan