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This Author published in this journals
All Journal Journal of Islamic Monetary Economics and Finance
Mehmet Bulut
Department of Islamic Economics and Finance, Istanbul Sabahattin Zaim University, Istanbul, Turkey
Economics, Econometrics & Finance

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ESTIMATION OF ZAKAT PROCEEDS IN BANGLADESH: A TWO-APPROACH ATTEMPT Rashed Jahangir; Mehmet Bulut
Journal of Islamic Monetary Economics and Finance Vol 8 No 1 (2022)
Publisher : Bank Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21098/jimf.v8i1.1455

Abstract

The purpose of this study is to calculate Zakat proceeds in Bangladesh by using both classical and contemporary or alternative Zakat calculation methods. The results reveal that the percentage of Zakat amount to GDP is significantly higher than the average, i.e., 2.5-3%; under the classical and alternative approaches, the Zakat proceeds are estimated as 3.79 and 2.33 percent of GDP, respectively.
Co-Authors Rashed Jahangir