The role of Islamic social finance assumes great significance, especially in countries with high poverty levels among Muslims. The main objective of Islamic philanthropy such as Zakat (compulsory tax on wealth), Sadaqat (charitable acts), Waqf (endowment), etc, is to meet the needs of the poor and to curb ever-rising levels of relative poverty. To fulfill this objective, it is essential to know to what extent Islamic social funds can meet the resource requirements for poverty alleviation, and whether the current....