The social and economic role of “El-Qardh El-Hassan” : the case study of Oran

الملخص EN

Zakat is considered as one of the most crucial resources from the economical side, as it works on a fair distribution of wealth, and it allows from financing micro-projects using Zakat money and investing it as loans (El-Qardh El-Hassan).

In this research will highlight the financial and developmental role of Algerian Zakat Fund “the loan (El-Qardh El-Hassan)” in Oran.

Oran's Zakat Fund managed though its novelty to participate in helping many poor people and financing nearly 134 micro-institutions during eight years and around 150 micro-institutions since it started working with the loan (El-Qardh El-Hassan), and job creation for unemployed youth thanks to loan (El-Qardh El-Hassan) despite its' limited resources and lack of experience in this field