The Impact Of Zakat On Economic Growth

The Impact Of Zakat On Economic Growth. Zakat sanctifies the soul from stinginess, greed, and selfishness; Thus, this paper suggested that an economic growth was also affected by the numbers of zakat collection.

Zakat al-Mal to Purify Wealth | SOSHumanity
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How does the distribution of zakat affect the economy? Dec 04, 2020 · with using the panel data from 2006 to 2018 with pedroni cointegration and fmols tests, the result shows that zakat are correlate with economic growth for several states. Moreover, the authors come to the conclusion that more trade openness allows an increase in the real gross domestic product (gdp) per capita.

Geoffrey (1994) explains and examines the impact of zakat on income inequality in pakistan.

In the former zakatis said to result in favorable effects on saving and investment behaviors of individuals without affecting work efforts. The objective of this study are 1) to examine the influence of zakat on economic growth and welfare society which uses 3 (three) indicators i.e.hdi, percentage of poor people, and gini index and 2) to investigate whether items of theory planned behavior influence of zakat payment. Dec 04, 2020 · with using the panel data from 2006 to 2018 with pedroni cointegration and fmols tests, the result shows that zakat are correlate with economic growth for several states. Thus, this paper suggested that an economic growth was also affected by the numbers of zakat collection.


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