The impact of zakat distribution on social welfare a case study of Selangor zakat agencies, Malaysia

This study empirically examines the effectiveness of yearly zakāt distribution as an instrument for social welfare in the state of Selangor, Malaysia. The study applied the autoregressive distributed lag (ARDL) approach to examine these relationships over the period from 2010 to 2018. Overall, the s...

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Main Authors:	Ashurov, Sharofiddin, Othman, Anwar Hasan Abdullah, Syed Jaafar Alhabshi, Syed Musa
Format:	Article
Language:	English English English
Published:	IIUM Press 2019
Subjects:	H Social Sciences (General) HB Economic Theory HB846 Welfare theory HG Finance HG1501 Banking HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/75378/ http://irep.iium.edu.my/75378/ http://irep.iium.edu.my/75378/1/75378-%20the%20impact%20of%20zakat%20distribution%20on%20social%20welfare.pdf http://irep.iium.edu.my/75378/7/75378-%20the%20impact%20of%20zakat%20distribution%20on%20social%20welfare-scopus.pdf http://irep.iium.edu.my/75378/13/75378_THE%20IMPACT%20OF%20ZAKAT%20DISTRIBUTION%20ON%20SOCIAL_wos.pdf

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recordtype	eprints
spelling	iium-753782020-03-05T02:42:15Z http://irep.iium.edu.my/75378/ The impact of zakat distribution on social welfare a case study of Selangor zakat agencies, Malaysia Ashurov, Sharofiddin Othman, Anwar Hasan Abdullah Syed Jaafar Alhabshi, Syed Musa H Social Sciences (General) HB Economic Theory HB846 Welfare theory HG Finance HG1501 Banking HG3368 Islamic Banking and Finance This study empirically examines the effectiveness of yearly zakāt distribution as an instrument for social welfare in the state of Selangor, Malaysia. The study applied the autoregressive distributed lag (ARDL) approach to examine these relationships over the period from 2010 to 2018. Overall, the study found that the zakāt distribution contributes significantly to social welfare through education at a significance level of 5% and contributes inadequately through income level at 10% level of significance. This indicates that the current zakāt distribution system in Selangor provides only a marginal influence on increasing the income of the poor. Furthermore, the zakāt distribution was statistically insignificant to social welfare through healthcare. These findings suggest that the current distribution channels of health are insufficient to improve social welfare and should be improved by offering social health insurance policy for zakāt beneficiaries. This can be done via ratification insurance plan between zakāt agencies and insurance companies to cover the basic health needs for zakāt recipients. IIUM Press 2019-10-05 Article PeerReviewed application/pdf en http://irep.iium.edu.my/75378/1/75378-%20the%20impact%20of%20zakat%20distribution%20on%20social%20welfare.pdf application/pdf en http://irep.iium.edu.my/75378/7/75378-%20the%20impact%20of%20zakat%20distribution%20on%20social%20welfare-scopus.pdf application/pdf en http://irep.iium.edu.my/75378/13/75378_THE%20IMPACT%20OF%20ZAKAT%20DISTRIBUTION%20ON%20SOCIAL_wos.pdf Ashurov, Sharofiddin and Othman, Anwar Hasan Abdullah and Syed Jaafar Alhabshi, Syed Musa (2019) The impact of zakat distribution on social welfare a case study of Selangor zakat agencies, Malaysia. Al-Shajarah: Journal of The International Institute of Islamic Thought and Civilization (ISTAC), Special Issue: Islamic Banking and Finance. pp. 147-167. ISSN 1394-6870 https://journals.iium.edu.my/shajarah/index.php/index
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English English
topic	H Social Sciences (General) HB Economic Theory HB846 Welfare theory HG Finance HG1501 Banking HG3368 Islamic Banking and Finance
spellingShingle	H Social Sciences (General) HB Economic Theory HB846 Welfare theory HG Finance HG1501 Banking HG3368 Islamic Banking and Finance Ashurov, Sharofiddin Othman, Anwar Hasan Abdullah Syed Jaafar Alhabshi, Syed Musa The impact of zakat distribution on social welfare a case study of Selangor zakat agencies, Malaysia
description	This study empirically examines the effectiveness of yearly zakāt distribution as an instrument for social welfare in the state of Selangor, Malaysia. The study applied the autoregressive distributed lag (ARDL) approach to examine these relationships over the period from 2010 to 2018. Overall, the study found that the zakāt distribution contributes significantly to social welfare through education at a significance level of 5% and contributes inadequately through income level at 10% level of significance. This indicates that the current zakāt distribution system in Selangor provides only a marginal influence on increasing the income of the poor. Furthermore, the zakāt distribution was statistically insignificant to social welfare through healthcare. These findings suggest that the current distribution channels of health are insufficient to improve social welfare and should be improved by offering social health insurance policy for zakāt beneficiaries. This can be done via ratification insurance plan between zakāt agencies and insurance companies to cover the basic health needs for zakāt recipients.
format	Article
author	Ashurov, Sharofiddin Othman, Anwar Hasan Abdullah Syed Jaafar Alhabshi, Syed Musa
author_facet	Ashurov, Sharofiddin Othman, Anwar Hasan Abdullah Syed Jaafar Alhabshi, Syed Musa
author_sort	Ashurov, Sharofiddin
title	The impact of zakat distribution on social welfare a case study of Selangor zakat agencies, Malaysia
title_short	The impact of zakat distribution on social welfare a case study of Selangor zakat agencies, Malaysia
title_full	The impact of zakat distribution on social welfare a case study of Selangor zakat agencies, Malaysia
title_fullStr	The impact of zakat distribution on social welfare a case study of Selangor zakat agencies, Malaysia
title_full_unstemmed	The impact of zakat distribution on social welfare a case study of Selangor zakat agencies, Malaysia
title_sort	impact of zakat distribution on social welfare a case study of selangor zakat agencies, malaysia
publisher	IIUM Press
publishDate	2019
url	http://irep.iium.edu.my/75378/ http://irep.iium.edu.my/75378/ http://irep.iium.edu.my/75378/1/75378-%20the%20impact%20of%20zakat%20distribution%20on%20social%20welfare.pdf http://irep.iium.edu.my/75378/7/75378-%20the%20impact%20of%20zakat%20distribution%20on%20social%20welfare-scopus.pdf http://irep.iium.edu.my/75378/13/75378_THE%20IMPACT%20OF%20ZAKAT%20DISTRIBUTION%20ON%20SOCIAL_wos.pdf
first_indexed	2023-09-18T21:46:39Z
last_indexed	2023-09-18T21:46:39Z
_version_	1777413494555017216

The impact of zakat distribution on social welfare a case study of Selangor zakat agencies, Malaysia

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