• Shikur Muhammed

To make things worth, evidence revealed there is a dearth of research on Zakat system and socioeconomic development. Therefore, the current study aims to explore the practice and the roles of Zakat institution with respect to socioeconomic development among South Wollo and Oromo Special zones of Amhara regional State. The specific objectives are discussing the practice of Zakat system, estimating the Zakat potential, examining the roles of Zakat institution in socioeconomic development and identifying the challenges of implementing Zakat system in the study area. The study will employ a cross sectional survey design that uses a combination of both qualitative and quantitative methods. A mix of qualitative and quantitative method is often considered as the best way of handling research questions through triangulation (Cresswel, 2009). A total of 423 randomly selected sample respondents will participate to fill the survey questionnaire. Meanwhile, participants in the Focus Group Discussion (FGD) and in-depth interview will be selected based on snow-ball sampling method so as to gather detail information. The zakat is playing a vital role in uplifting the poor segment in most of the developed and developing countries across the globe. We suggest that the local zakat committee shall appoint the members of the village, including the Pesh Imam (person who chairs the mosque of the local village). The result of this study are relevant for various concerned bodies: governmental officials, nongovernmental professionals, researchers and the study community at large. The study is expected to have a practical significance for the poor if the concerned bodies take measures in accordance with the recommendation of the study.

Zakat system, socio-economic development, Pesh Imam, Zakat institution and potential

"Exploring practices and roles of zakat system in socio-economic development among the people of south Wollo and Oromo special zones, Amhara region", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.126-133, May-2019, Available :http://www.jetir.org/papers/JETIR1905Y19.pdf

"Exploring practices and roles of zakat system in socio-economic development among the people of south Wollo and Oromo special zones, Amhara region", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp126-133, May-2019, Available at : http://www.jetir.org/papers/JETIR1905Y19.pdf