Poverty rate is expected
to increase worldwide due to the following:
industrial revolution will potentially increase loss of employment particularly
jobs that require low-education level.
Skill gab increase in many countries.
increase will create geriatric growth.
Solitude and its
It is unlikely for UAE
to be highly affected by the increase of poverty worldwide for the following:
proactively adopted strategies that utilize the fourth industrial revolution
without jeopardizing employment security.
education increase and the subsequent increase of their income will limit the
effects of divorce, should it occur.
Zakat will play a
significant role in reducing poverty rate and bridging the gap between middle
class and lower class by increasing zakat revenue through increasing the number
of activity obliged to pay zakat and increasing zakat ratio.
Recommendation to reduce
poverty rate in UAE:
youth to enroll in modern scientific specialties.
technical and vocational education by increasing the number of schools of
unified standards for measuring poverty line on the level of UAE.
linkage and integration between public authorities and philanthropic
institutions in assisting needy families in UAE.
and unified standards to identify the amount of assistance paid to the needy
people on the level of UAE.
disbursement channels to poor families through developing a unified database in
gradual transition from assistance to production-input ownership.
families to be producing then participating in the support of others instead of
Written by the advisor: Ahmad Saad