Islamic Social Welfare and the Role of Zakat and Islamic Charity in the Family- Resilience: the Theoretical Review

Abstract

The two extremes of carelessness and excesses were exposed as examples of preferential treatment in society. An unequal distribution of wealth results from monopoly-based relationships under capitalism. Relationships under Socialism and Communism are built on materialistic equality in order to reduce disputes brought on by unequal income distribution. The middle path is where Islam stands. The middle path is where Islam stands. For more than 1,400 years, the Islamic economic system, which was in line with its principles, held firm and contributed to the development of a society that was neither capitalism nor socialist but contained the best aspects of both. It promotes the system of wealth distribution with the goal of achieving a society in which there won't be any hoarding, profiteering, or accumulation of wealth in a small number of hands; a society in which there won't be either slums or multimillionaires, neither the exploited proletariat nor the exploiting bourgeoisie. This essay explores Islamic social welfare, the socioeconomic function of zakat in the family structure, and the efficiency of zakat in eradicating poverty and other social ills. Analytical in nature, the paper's presentation is based on a review of pertinent literature. The study affirms that the Zakat system offers a constant economic mechanism for transferring wealth from the wealthy to the poor, and that when properly assessed, promptly collected, and dispersed, it can help Muslim societies address risky issues like poverty, unemployment, natural disasters, debt, and unequal income distribution. According to the document, wealthy Muslims should be encouraged to fulfil their commitments either on an individual basis or through organized institutions (where accessible). They should be urged to start with the Zakat-deserving members of their immediate families when paying their dues directly.