The contribution of zakat in stimulating investment

Authors

  • Fatima Zohra Loukriz Department of Islamic Economics and Law (Arabic) Istanbul Sabahattin Zaim University

DOI:

https://doi.org/10.31436/ijaiwf.v4i1.773

Keywords:

Zakat, investment, multiplier theory, economic balance

Abstract

The research aims to understand the economic effects of zakat and its role in activating economic dynamism and its effects on macroeconomic variables, especially investment. To answer the problem and achieve the objectives of the research, the descriptive analytical approach was adopted, which was enhanced by the method of induction and deduction by describing and analyzing the theoretical framework of zakat and investment, and then analyzing the relationship between them. A set of results has been reached, the most important of which is that zakat leads to an increase in the incentive for investment, and from it, it can be one of the important financial policy tools in achieving balance and economic stability.

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Published

2023-09-20

How to Cite

Loukriz , F. Z. (2023). The contribution of zakat in stimulating investment. International Journal of Al-Turath In Islamic Wealth and Finance, 4(1), 121–153. https://doi.org/10.31436/ijaiwf.v4i1.773

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Section

Articles