Algiers, Algeria – The National Waqf and Zakat Fund ( الديوان الوطني للأوقاف والزكاة ) and Algérie Poste (بريد الجزائر) have signed a framework agreement aimed at strengthening collaboration between the two institutions. The signing ceremony took place on Wednesday.
The agreement, according to a statement released by the Ministry of Religious Affairs and Endowments, is designed to facilitate and enhance cooperation in areas of mutual interest. While specific details of the agreement were not disclosed, it is understood that the partnership will leverage Algérie Poste’s extensive network and infrastructure to support the National Waqf and Zakat Fund’s activities.
DZWatch understands that the collaboration could potentially streamline the collection and distribution of Zakat funds, as well as improve access to Waqf-related services for citizens across the country. Algérie Poste’s wide reach, particularly in remote and underserved communities, makes it a valuable partner for the National Waqf and Zakat Fund, which seeks to promote Islamic finance and charitable giving.
This partnership represents a significant step towards modernizing and improving the efficiency of Algeria’s Islamic finance sector. Further details on the implementation of the agreement are expected to be released in the coming weeks.
The National Waqf and Zakat Fund plays a crucial role in managing and distributing charitable funds in accordance with Islamic principles, while Algérie Poste is the country’s primary postal service provider, offering a range of financial and communication services.
