International Journal of Zakat (IJAZ)
Vol 8 No 2 (2023): International Journal of Zakat

Does Zakat Impact on Human Development Index? Empirical Evidence from Indonesia

Rusanti, Ega (Unknown)
Anindya, Annisa Sasri (Unknown)
Atiya, Nikmatul (Unknown)
Widiastuti, Tika (Unknown)



Article Info

Publish Date
31 Dec 2023

Abstract

The Human Development Index (HDI) is critical for measuring a country’s economic growth. This research aims to determine the impact of zakat distribution in five priority sectors, i.e., humanity, education, economy, health and religion, on Indonesia’s HDI. The data consists of zakat distribution and HDI for the 2012-2022 period. Ordinary Least Square (OLS) regression is used to analyze the relationship between variables using the EViews 12 tool. The distribution of zakat in the education and humanitarian sectors has a positive and significant effect on increasing HDI in Indonesia. Meanwhile, no impact is found on the economic sector, health and religion. Implications are drawn for zakat institutions and the government to formulate policies and programs to optimize zakat funds consistently and strategically in vital sectors.

Copyrights © 2023






Journal Info

Abbrev

journal

Publisher

Subject

Religion

Description

International Journal of Zakat (IJAZ) is an open access journal. All accepted manuscripts are published Free of Charges. International Journal of Zakat (IJAZ) focuses on zakat studies such as general activities of zakat management, institutional foundation, zakat administers qualifications, good ...