Article Per Year (5 Year)
p-Index From 2021 - 2026
1.497
P-Index
This Author published in this journals
All Journal Cakrawala Pendidikan JURNAL ECONOMIA Jurnal Iqtisad Al-Iqtishad : Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics) Jurnal Ekonomi & Studi Pembangunan Economica: Jurnal Ekonomi Islam International Journal of Islamic Economics and Finance (IJIEF) Journal of Islamic Monetary Economics and Finance Jurnal Ekonomi dan Pembangunan Indonesia
Akhmad Akbar Susamto
Faculty Of Economics And Business, Universitas Gadjah Mada
Religion Economics, Econometrics & Finance Education Social Sciences Other

Published : 14 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Jurnal Iqtisad

 1 
Zakah as Deductible for Taxable Income: A Macroeconomic Perspective Akhmad Akbar Susamto
Jurnal Iqtisad Vol. 4 No. 2 (2003): English Version
Publisher : Jurnal Iqtisad

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.20885/iqtisad.vol4.iss2.art1

Abstract

Zakah is a very basal religious service and closely interconnected with both transcen-dental and social aspects of human life. According to Islamic rules, zakah is imposed on every soul (zakah al-fitr) and certain properties meeting the standardized measure (zakah al-maal). Collected zakah is hereinafter distributed to the poor, the needy, the people em-ployed to administer zakah, and the people whose hearts are made to embrace Islam, the people in bondage, the people twined by debt, the fighters in the cause of Allah, as well as the wayfarers. In Zakah Management Act No. 38/1999 mentioned, that zakah which have been bestowed to Badan Amil Zakah or Lembaga Amil Zakah (i.e. government and non-government bodies for the collection of zakah respectively) will be considered as deducti-ble for one’s taxable profits or incomes. Likewise, in Act No. 17/2000 contended that zakah of income can be considered as deductible for one’s taxable incomes. With a few appropri-ate assumptions, we can prove that the application of zakah as deductible for one’s taxable incomes will have several impacts on the economy. Aggregate consumption will increase, saving will decrease, investment criterion will change, and national income as a whole will finally enlarge. Government is therefore suggested not to hesitate to execute the Zakah Consciousness Movement.
Co-Authors Abdic, Ficrat Abdullah, Zaki Catur Sugiyanto Danes Quirira Octavio Danes Quirira Octavio Dian Friantoro Mustofa Mustofa Mustofa Mustofa Nur Atikah Ramadhan, Rasi Tamadhika Fajar Robiatun NB, Fahmia Samsubar Saleh Sosodoro, Niken Larasati Sri Runtiningsih Zaki Abdullah