A review on the contribution of zakat as a taxation system towards economic development postulated by two contemporary research scholars
This paper is an attempt to analyze the contributions of zakat towards an economic system. Often zakat is viewed as a taxation tool that is focused on anti-poverty policies, especially during the classical Islamic civilizations. The paper reviews and discusses postulations bought by Russel Powell an...
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Center of Strategic Studies, BAZNAS Indonesia
2020
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Online Access: | http://irep.iium.edu.my/84992/2/11 http://irep.iium.edu.my/84992/3/228 http://irep.iium.edu.my/84992/4/cover_issue_11_en_US.jpg http://irep.iium.edu.my/84992/13/A%20REVIEW%20ON%20THE%20CONTRIBUTION%20OF%20ZAKAT.pdf http://irep.iium.edu.my/84992/ https://www.iconzbaznas.com/submission/index.php/proceedings/issue/view/11 |
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my.iium.irep.849922020-11-27T05:19:29Z http://irep.iium.edu.my/84992/ A review on the contribution of zakat as a taxation system towards economic development postulated by two contemporary research scholars Aiyman Roslan, Muhammad Aneeq Akbar, Mohamed Aslam BPH531 Zakat HJ2240 Revenue. Taxation This paper is an attempt to analyze the contributions of zakat towards an economic system. Often zakat is viewed as a taxation tool that is focused on anti-poverty policies, especially during the classical Islamic civilizations. The paper reviews and discusses postulations bought by Russel Powell and his attempt to conceptualize zakat as a modern taxation system, and Monzer Kahf and his analysis of how zakat can truly impact economies in modern times. Powell has made a tremendous effort in wanting to realize zakat as a fully functioning taxation system in modern Islamic economies through implementation and its benefits. Kahf has shown his commitment to sparking the narrative that zakat on its whole, whether institutionalized in a country or not, can be a significant contributor to the economic systems existing today. The proceeds of such discussions have found that zakat is not an equal substitute for modern-day taxation systems, and more importantly, it was never truly designed to solve all poverty issues in existence. There is a reconciliation that zakat plays a more important role in spirituality than it does in worldly pragmatism. Needless to say, zakat has contributed to poverty alleviation in the past, however, along with other pivotal mechanisms concurrently in place such as Awqaf (endowments) and Infaq (disbursements). Center of Strategic Studies, BAZNAS Indonesia 2020-10-07 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/84992/2/11 application/pdf en http://irep.iium.edu.my/84992/3/228 application/pdf en http://irep.iium.edu.my/84992/4/cover_issue_11_en_US.jpg application/pdf en http://irep.iium.edu.my/84992/13/A%20REVIEW%20ON%20THE%20CONTRIBUTION%20OF%20ZAKAT.pdf Aiyman Roslan, Muhammad Aneeq and Akbar, Mohamed Aslam (2020) A review on the contribution of zakat as a taxation system towards economic development postulated by two contemporary research scholars. In: The 4th ICONZ International Conference of Zakat 2020 Proceedings, Indonesia. https://www.iconzbaznas.com/submission/index.php/proceedings/issue/view/11 |
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BPH531 Zakat HJ2240 Revenue. Taxation Aiyman Roslan, Muhammad Aneeq Akbar, Mohamed Aslam A review on the contribution of zakat as a taxation system towards economic development postulated by two contemporary research scholars |
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This paper is an attempt to analyze the contributions of zakat towards an economic system. Often zakat is viewed as a taxation tool that is focused on anti-poverty policies, especially during the classical Islamic civilizations. The paper reviews and discusses postulations bought by Russel Powell and his attempt to conceptualize zakat as a modern taxation system, and Monzer Kahf and his analysis of how zakat can truly impact economies in modern times. Powell has made a tremendous effort in wanting to realize zakat as a fully functioning taxation system in modern Islamic economies through implementation and its benefits. Kahf has shown his commitment to sparking the narrative that zakat on its whole, whether institutionalized in a country or not, can be a significant contributor to the economic systems existing today. The proceeds of such discussions have found that zakat is not an equal substitute for modern-day taxation systems, and more importantly, it was never truly designed to solve all poverty issues in existence. There is a reconciliation that zakat plays a more important role in spirituality than it does in worldly pragmatism. Needless to say, zakat has contributed to poverty alleviation in the past, however, along with other pivotal mechanisms concurrently in place such as Awqaf (endowments) and Infaq (disbursements). |
format |
Conference or Workshop Item |
author |
Aiyman Roslan, Muhammad Aneeq Akbar, Mohamed Aslam |
author_facet |
Aiyman Roslan, Muhammad Aneeq Akbar, Mohamed Aslam |
author_sort |
Aiyman Roslan, Muhammad Aneeq |
title |
A review on the contribution of zakat as a taxation system towards economic development postulated by two contemporary research scholars |
title_short |
A review on the contribution of zakat as a taxation system towards economic development postulated by two contemporary research scholars |
title_full |
A review on the contribution of zakat as a taxation system towards economic development postulated by two contemporary research scholars |
title_fullStr |
A review on the contribution of zakat as a taxation system towards economic development postulated by two contemporary research scholars |
title_full_unstemmed |
A review on the contribution of zakat as a taxation system towards economic development postulated by two contemporary research scholars |
title_sort |
review on the contribution of zakat as a taxation system towards economic development postulated by two contemporary research scholars |
publisher |
Center of Strategic Studies, BAZNAS Indonesia |
publishDate |
2020 |
url |
http://irep.iium.edu.my/84992/2/11 http://irep.iium.edu.my/84992/3/228 http://irep.iium.edu.my/84992/4/cover_issue_11_en_US.jpg http://irep.iium.edu.my/84992/13/A%20REVIEW%20ON%20THE%20CONTRIBUTION%20OF%20ZAKAT.pdf http://irep.iium.edu.my/84992/ https://www.iconzbaznas.com/submission/index.php/proceedings/issue/view/11 |
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1684653113535889408 |
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13.1944895 |