{"id":5428,"date":"2022-03-29T09:08:46","date_gmt":"2022-03-29T09:08:46","guid":{"rendered":"https:\/\/ethis.co\/blog\/?p=5428"},"modified":"2022-10-20T07:54:45","modified_gmt":"2022-10-20T07:54:45","slug":"waqf-poverty-alleviation","status":"publish","type":"post","link":"https:\/\/ethis.co\/blog\/waqf-poverty-alleviation\/","title":{"rendered":"Waqf for Poverty Alleviation"},"content":{"rendered":"\n

By Adnan Opeyemi Salaudeen<\/em><\/strong>: Poverty is one of the primary challenges of humanity. One of the most critical missions of the United Nations Sustainable Development Goals (SDG), founded in 2010, is to eliminate poverty by 2030. Poverty is characterised as a situation in which a community or a segment of the population can only meet their basic needs, such as food, clothing, and shelter, to maintain a minimum standard of living.<\/p>\n\n\n\n

The Global Monitoring Report defined poverty as the proportion of the population that lives on less than USD1.25 a day. According to the World Bank, 2.8 billion people, or nearly half of the world\u2019s population, live on less than US$ 2 per day, and 1.2 billion live on less than $1 per day. Africa is one of the areas that is uniformly impacted by the threat of poverty. In Sub-Saharan Africa, more than 60% of the population live on less than US$1.25 a day. Almost 90% of Africa\u2019s poor people live on less than US$2 a day, and the rate of poverty is rising (World Bank, 2019).<\/p>\n\n\n\n

The call for inclusive and sustainable development has intensified since the beginning of the 21st century. The concept of human wellbeing is central to all development agendas, policies and schemes. For the socio-economic <\/a>development of the vulnerable sections of society, the provision of a solid social security net is indispensable. The scale and mechanisms of existing social security models may vary across national boundaries, but their underlying motives are almost the same. <\/p>\n\n\n\n

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