International centre developing blockchain application for zakat


The initiative would help to address issues pertinent to zakat, especially with regards to trust and transparency, said president and chief executive officer, professor Datuk Azmi Omar (filepic)

KUALA LUMPUR: The International Centre for Education in Islamic Finance (INCEIF) is developing a blockchain application for zakat, with the aim of enhancing the Islamic fund collection and distribution in the world.

The initiative would help to address issues pertinent to zakat, especially with regards to trust and transparency, said president and chief executive officer, professor Datuk Azmi Omar.

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Business , INCEIF , Zakat , Azmi Omar , blockchain , application ,

   

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