Article Per Year (5 Year)
p-Index From 2020 - 2025
0.23
P-Index
This Author published in this journals
All Journal Islamic Economics and finance in Focus (IEFF)
Hakim, Fajar Arif Rahman
Unknown Affiliation
Religion Economics, Econometrics & Finance Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Analysis of the Effects of Macroeconomic Variables on Zakat Fund Revenues in Indonesia for the 2020-2024 Period Hakim, Fajar Arif Rahman; Widiyanti, Dwi Retno
Islamic Economics and finance in Focus Vol. 4 No. 3 (2025)
Publisher : Fakultas Ekonomi dan Bisnis Universitas Brawijaya

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to analyze the effect of macroeconomic variables on zakat revenue in Indonesia for the period 2020-2024. The independent variables studied include inflation, money supply (MS), industrial production index (IPI), and BI Rate as factors that potentially affect zakat revenue in Indonesia. This study uses a quantitative approach with the Vector Error Correction Model (VECM) analysis method. The data used in this study is time series data for the 2020-2024 period. The results of the analysis show that the inflation variable has no significant effect on zakat revenue in either the short or long term. Conversely, the JUB variable has a significant negative effect and the IPI has a significant positive effect on zakat revenue, both in the short and long term. Meanwhile, the BI Rate does not show a significant effect. This study provides several important implications for policymakers and zakat administrators to be more sensitive to macroeconomic conditions in an effort to improve the stability and optimization of zakat revenue in Indonesia.
Co-Authors Widiyanti, Dwi Retno