AFEBI Islamic Finance and Economic Review
Vol 6, No 02 (2021)

The Role of Zakat Institutions in Supporting the Economy during the Covid-19 Pandemic

Aziz Maulana Akhsan (Airlangga University)
Muhammad Nafik Ryandono (Airlangga University)



Article Info

Publish Date
27 Dec 2022

Abstract

This study aims to analyze the role of the Zakat Institution in sustaining the economy during the Covid-19 pandemic outbreak. . After the Covid-19 outbreak at the end of 2019 and declared a global pandemic by WHO in January 2020, including in Indonesia. The existence of this pandemic makes people have to do Social Distancing, Physical Distancing as an effort to break the chain of transmission. As a result of this policy, the economic pattern became sluggish and decreased so that many lost their jobs, small traders and income decreased drastically due to the low level of consumption. This requires social financial institutions such as Ziswaf to play an active role in maintaining the economic resilience of the community. This study used a qualitative approach with a literature study model, data were obtained from 6 international journals, 4 national journals, social media, electronic media, books. The results showed that the role of the Ziswaf Institution was very urgent in supporting the economy of the people affected by Covid-19.Keywords: Zakat, Economy, Covid-19

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Journal Info

Abbrev

aifer

Publisher

Subject

Economics, Econometrics & Finance

Description

AFEBI Islamic Finance And Economic Review (AIFER) is an academic journal which is published twice a year (June and December) by The Association of The Faculty of Economics and Business Indonesia. AIFER is aimed as an outlet for theoretical and empirical research in the field of Islamic Finance and ...