An analysis of Zakat expenditure and real output: theory and empirical evidence
This study advocates zakat as the major and potent fiscal policy instrument in an Islamic state. Zakat plays its role in the macroeconomic stabilization policy through the non -discretionary and discretionary fiscal policy. The built -in stabilizer mechanism occurs when zakat collection is automat...
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2009
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| Online Access: | http://irep.iium.edu.my/8854/ http://irep.iium.edu.my/8854/1/An_Analysis_of_Zakat_Expenditure_and_Real_Output_Theory_and_Empirical_Evidence.pdf |