Two-day Zakat Fair-2016 started at Bangabandhu International Conference Centre in the capital on Friday.
Former Minister and Chief of Army Staff Lt Gen (Retd) M Nooruddin Khan inaugurated the fair as the chief guest.
Center for Zakat Management (CZM) organizes the event to create mass awareness on zakat distribution.
Addressing the inaugural event Nooruddin Khan said, "With a view to eradicating poverty, zakat should be distributed under institutional management. Zakat should not be distributed as relief in traditional form. The impact of institutionally paid zakat, rather than individually paid, is reflected in the total development of the society."
Convener of the Zakat Fair Organizing Committee Salahuddin Kasem Khan delivered the welcome speech. Shariah Board of SIBL Chairman Maulana Shah Waliullah discussed on zakat at the opening session. Chamber of Industries President AK Azad, Chairman of SIBL Maj (Retd) Dr Rezaul Haque, Vice Chairman of Islami Banks Consultative Forum AKM Nurul Fazal Bulbul and CZM Chairman Niaz Rahim were also present as special guests at the opening program of the event.
A seminar styled "Role of Awqaf and Saadquah in Social Security" along with a round table conference held on the topic "Zakat: An Effective Tool for Poverty Alleviation" in the afternoon.