Zakat distribution and growth in the federal territory of Malaysia

This research paper aims to examine the impact of zakat distribution on growth in the Federal Territory Malaysia. Specifically, an econometric study is carried out to examine the ability of zakat expenditure to affect real economic growth in the Federal Territory Malaysia by employing various econom...

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Main Authors:	Yusoff, Mohammed, Densumite, Sorfina
Format:	Article
Language:	English
Published:	International Foundation for Research and Development (IFRD) 2012
Subjects:	HJ7451 Expenditures. Government spending
Online Access:	http://irep.iium.edu.my/25757/ http://irep.iium.edu.my/25757/ http://irep.iium.edu.my/25757/1/Zakat_Distribution_and_Growth_in_the_Federal_Territory_of_Malaysia.pdf

id	iium-25757
recordtype	eprints
spelling	iium-257572012-10-25T01:07:15Z http://irep.iium.edu.my/25757/ Zakat distribution and growth in the federal territory of Malaysia Yusoff, Mohammed Densumite, Sorfina HJ7451 Expenditures. Government spending This research paper aims to examine the impact of zakat distribution on growth in the Federal Territory Malaysia. Specifically, an econometric study is carried out to examine the ability of zakat expenditure to affect real economic growth in the Federal Territory Malaysia by employing various econometric procedures such as the unit root tests, the cointegration tests, the vector error-correction model (VECM), and the Granger causality tests. The findings of the study suggest that zakat expenditure has a positive relationship with real GDP in the long-run. The Granger causality test indicates that zakat spending causes real economic growth with no feedback. In other words, zakat expenditure could boost GDP in the Federal Territory Malaysia both in the short-run and long-run. International Foundation for Research and Development (IFRD) 2012-08 Article PeerReviewed application/pdf en http://irep.iium.edu.my/25757/1/Zakat_Distribution_and_Growth_in_the_Federal_Territory_of_Malaysia.pdf Yusoff, Mohammed and Densumite, Sorfina (2012) Zakat distribution and growth in the federal territory of Malaysia. Journal of Economics and Behavioral Studies, 4 (8). pp. 449-456. ISSN 2220-6140 http://www.ifrnd.org/current_jebs.php
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HJ7451 Expenditures. Government spending
spellingShingle	HJ7451 Expenditures. Government spending Yusoff, Mohammed Densumite, Sorfina Zakat distribution and growth in the federal territory of Malaysia
description	This research paper aims to examine the impact of zakat distribution on growth in the Federal Territory Malaysia. Specifically, an econometric study is carried out to examine the ability of zakat expenditure to affect real economic growth in the Federal Territory Malaysia by employing various econometric procedures such as the unit root tests, the cointegration tests, the vector error-correction model (VECM), and the Granger causality tests. The findings of the study suggest that zakat expenditure has a positive relationship with real GDP in the long-run. The Granger causality test indicates that zakat spending causes real economic growth with no feedback. In other words, zakat expenditure could boost GDP in the Federal Territory Malaysia both in the short-run and long-run.
format	Article
author	Yusoff, Mohammed Densumite, Sorfina
author_facet	Yusoff, Mohammed Densumite, Sorfina
author_sort	Yusoff, Mohammed
title	Zakat distribution and growth in the federal territory of Malaysia
title_short	Zakat distribution and growth in the federal territory of Malaysia
title_full	Zakat distribution and growth in the federal territory of Malaysia
title_fullStr	Zakat distribution and growth in the federal territory of Malaysia
title_full_unstemmed	Zakat distribution and growth in the federal territory of Malaysia
title_sort	zakat distribution and growth in the federal territory of malaysia
publisher	International Foundation for Research and Development (IFRD)
publishDate	2012
url	http://irep.iium.edu.my/25757/ http://irep.iium.edu.my/25757/ http://irep.iium.edu.my/25757/1/Zakat_Distribution_and_Growth_in_the_Federal_Territory_of_Malaysia.pdf
first_indexed	2023-09-18T20:38:21Z
last_indexed	2023-09-18T20:38:21Z
_version_	1777409197614301184

Zakat distribution and growth in the federal territory of Malaysia

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