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.
This number is equal to 3.4% of Indonesia’s 2010 Gross Domestic Product (GDP). However, the realisation of those potential zakat is still below our expectation. Recent data recorded only Rp2.7 trillion or 1.2% of total zakat potential has been received. This is our home-work to explore ways to boost this number.