Received: April 27, 2020 Accepted: May 06, 2020 Published: May 06, 2020
In the wake of the recurrent economic, financial and social crises that all countries of the world suffer from without exception, especially in recent years, the role of Islamic finance institutions (banks, takaful insurance, and endowments) has emerged and has an effective presence and role in the components of the global economic system today, which is This prompted international academic institutions to include Islamic economics courses in their educational curricula. Therefore, attention was paid to the role of Zakat as a mechanism imposed in Islamic legislation to bridge the resource gap in order to alleviate poverty
This paper focuses on zakat - as an ideal economic model as a divine theory to achieve a balance between rich and poor not only in Islamic society but for all societies on the global world. The paper also reviews multiple models and efforts to support and develop zakat to address the problem of poverty in the worldwide.
Keywords: Sustainable Development, Zakat, Poverty Alleviation