At the 14th Zakat Fair 2026 held at the Officers’ Club in Dhaka, speakers emphasized the need for a state-managed zakat system to reduce financial inequality in Bangladesh. Religious Adviser Dr. A F M Khalid Hossain, the chief guest, said that institutional collection and distribution of zakat could generate up to one trillion taka annually, significantly aiding poverty alleviation. The event was chaired by former caretaker government adviser Dr. Hossain Zillur Rahman, with a welcome address by Center for Zakat Management (CZM) CEO Dr. Mohammad Ayub Mia.

Speakers noted that zakat is both a financial and moral obligation, requiring proper oversight to ensure funds are used effectively. They highlighted that despite a large Muslim population, many capable individuals either do not pay zakat or fail to calculate and distribute it correctly. A symposium titled “Islamic Social Finance: Future Roadmap” proposed forming an Islamic Social Finance Ministry, noting that zakat and waqf income could contribute up to 4% of GDP.

Former NBR chairman Dr. Mohammad Abdul Majid stressed that government involvement and clear guidelines are essential to make zakat management transparent and impactful for national development.