les cahiers du mecas
Volume 20, Numéro 1, Pages 224-235
2024-06-04

The Possibility Of Managing Zakat Funds Using Blockchain Technology In Algeria- A Comparative Study With Malaysia

Authors : Boufatah Thouria .

Abstract

This research focuses on improving fairness and transparency in Zakat management in Algeria by leveraging blockchain technology. The study aims to foster economic and social development through effective utilization of Zakat funds. Blockchain is proposed as an innovative solution to build trust between contributors and distributors, ensuring secure financial transactions and introducing revolutionary changes through the use of smart contracts. The implementation of blockchain is expected to bring dynamism and effectiveness to the Algerian Zakat system, exploring new resources and enhancing the overall economic and social system.

Keywords

Zakat ; blockchain ; zakat management ; zakat funds in Algeria ; Smart contract