Access to Finance and Improved Welfare: A Case Study of House of Zakat & Waqf in Achieving Sustainable Development in Selected Districts in Uganda

Abstract

This research interrogates the relationship between access to finance and improved welfare in line with United Nations Sustainable Development Goals in Uganda, using the House of Zakat and Waqf Uganda as a case study. This research employs correctional research design to establish the relationship between the two variables. Employing a purposive sampling technique, a sample size of 384 participants was used as the study population, interview guides, administered questionnaires were used as whereas documentary review as data collection tools. Results show that there is a relationship between accessed finance and improved welfare. However, this relationship is achieved when there is the proper administration of Zakat funds finances both at the institutional and individual levels. Both the government and other Zakat organizations in Uganda are suggested to improve and put in place systems, both institutional and individual to ensure effective use of distributed funds.