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All Journal Indonesian Journal of Islamic Economics and Finance
Suyoto Arief
Universitas Darussalam Gontor, Ponorogo
Economics, Econometrics & Finance Social Sciences

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Exploring The Potential of Zakat: Yusuf Qardhawi’s Insights for Poverty Alleviation and Economic Growth in Indonesia Syamsuri Syamsuri; Suyoto Arief; Vina Fithriana Wibisono; Silva Fauziyah
Indonesian Journal of Islamic Economics and Finance Vol. 4 No. 2 (2024)
Publisher : Institut Agama Islam Sunan Giri Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37680/ijief.v4i2.6085

Abstract

This study aims to explore the potential of zakat, drawing on Yusuf Qardhawi's perspectives, to alleviate poverty and promote economic growth in Indonesia. This study uses a library method and a descriptive analysis approach. The results of this study indicated that the management of zakat and its relevance in Indonesia, based on insights from Yusuf Qardhawi, are (1) expanding the provisions of the assets that are subject to zakat funds needs to be managed productively; (2) the management and distribution of zakat to function properly requires centralization of zakat management by the state (government). The role of the government in alleviating poverty and economic growth includes: optimizing the performance of zakat institutions in accordance with zakat regulations; increasing public literacy of zakat, encouraging social innovations as a form of efficiency and transparency in the distribution and utilization of zakat; supervising zakat institutions on the impact on poverty alleviation and maximizing the potential of zakat in improving economic growth and the welfare of underprivileged people. This study provides insight into how zakat management in Indonesia can be optimized using Yusuf Qardhawi’s concept; it is relevant to poverty issues and to improving economic growth.
Co-Authors Silva Fauziyah Syamsuri Syamsuri Vina Fithriana Wibisono