According to the Stanford Social Innovative Review, what percentage of its GDP does Pakistan contribute towards philanthropy?
A. Less than 1%
B. Over 1%
C. 0.5%
D. 0.1%
When it comes to charitable giving, Pakistan is a generous country, and it contributes more than one per cent of its GDP to charity, the STANFORD SOCIAL INNOVATION REVIEW reported.
– Pakistan contributes over 1% of its GDP towards philanthropy.
– Various forms of charity in the Muslim faith include zakat, fitra, qarz-i-hasana, sadqa, infaaq, and khairaat.
– Concerns exist regarding the efficacy of state-sponsored donation drives due to a lack of government accountability and trust deficit.
– Collaboration among charities and transparency in donation schemes are proposed as solutions to ensure effective utilization of resources.
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