Lesson from the 1997/1998 crises, we learned that micro and small enterprises were relatively resistant to economic shocks, giving significant contribution to financial and economy recovery. Hence, structural policies need to be promoted to advance wealth distribution to more people, particularly low-income class.
In regard to this concept, Islamic social sector that covers Zakat and Awqaf systems can play very important role in accelerating economic development and supporting financial stability. In Indonesia, as studied by Bank Indonesia’s researchers in 2012, total of all zakat potential from various sources is approximately Rp217 trillion or equivalent to USD22.6 billion.