CONTRIBUTION OF ZAKAT, INFAQ AND PRODUCTIVE ALMS IN HELPING THE COUNTRY'S ECONOMY POST COVID-19

Abstract

The COVID-19 pandemic, which began in early 2020, has had significant global impacts, leading to a decline in household consumption, reduced investment due to economic uncertainty, and lower levels of overall consumer spending. In the context of the COVID-19 pandemic, Zakat, Infaq, and Sedekah (ZIS) play a crucial role by providing direct assistance to affected beneficiaries, empowering micro, small, and medium enterprises (MSMEs) to strengthen the economy, and supporting the health and education sectors to mitigate widespread economic impacts. This research aims to analyze the role of Zakat, Infaq, and Sedekah (ZIS) management institutions in assisting the post-COVID-19 economy in Indonesia. The research methodology employed is descriptive, supplemented by literature review studies. The findings indicate that Zakat Management Institutions (ZIS) play a vital role in responding to and addressing the impacts of the COVID-19 pandemic in Indonesia, despite facing challenges in distribution and optimal fund utilization. Close collaboration between the government, community, and Zakat Management Organizations (OPZIS) is key to ensuring effective fund distribution. Empowering Zakat through digital innovation and the Cash for Work (CFW) program emerges as a solution to mitigate the health and economic crisis's impact, contributing positively to building a fair and sustainable economic development.