Year: 2024
Type: article
Abstract: Zakat is the giving of a portion of one's wealth by an individual. Zakat is obligatory when one's wealth reaches the nisab threshold and the haul period has passed. This study aims to analyze the role of productive zakat in fostering the economic growth of communities affected by the Covid-19 pandemic. Using a qualitative descriptive method, this research indicates that productive zakat significantly influences the efforts and welfare of recipients, as providing business capital enables them to generate income over the long term. As businesses grow, recipients will employ workers to facilitate their operations, which in turn affects the unemployment rate. When individuals have employment and clear income, it impacts their purchasing power, leading to an increase in Gross Domestic Product growth.
Authors: Puan Gustiari Mas, Windhu Putra, Sisi Amalia
Institution: Tanjungpura University
Language: English
Subfield: Accounting
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4402752756