An analysis of zakat expenditure and real output: theory and evidence

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An analysis of zakat expenditure and real output: theory and evidence

This study advocates zakat as the major and potent fiscal policy instrument in an Islamic state. Zakat plays its role in macroeconomic stabilization through nondiscretionary and discretionary fiscal policy. The built-in stabilizer mechanism occurs when zakat collection is automatically reduced du...

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Bibliographic Details
Main Author:	Yusoff, Mohammed
Format:	Article
Language:	English
Published:	KENMS-IIUM Press 2010
Subjects:	HJ7451 Expenditures. Government spending
Online Access:	http://irep.iium.edu.my/25906/ http://irep.iium.edu.my/25906/1/AN_ANALYSIS_OF_ZAKAT_EXPENDITURE_AND.pdf

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