International Journal of Educational Review, Law And Social Sciences (IJERLAS)
Vol. 4 No. 5 (2024): September

ZAKAT AND ECONOMIC DEVELOPMENT: A PATHWAY TO PROSPERITY AND SOCIAL JUSTICE

Irshad Ahmad Reshi (Unknown)

Article Info

Publish Date
08 Sep 2024

Abstract

Zakat, one of the five pillars of Islam, plays a pivotal role in promoting economic development and social justice. This article explores how Zakat functions as a tool for wealth redistribution, poverty alleviation, and economic empowerment, particularly in developing countries. By channeling funds to the poor, small businesses, and infrastructure development, Zakat stimulates economic activity, reduces inequality, and fosters sustainable growth. The article also highlights how modern Islamic economies are institutionalizing Zakat to maximize its impact, creating a system where economic progress and social responsibility are deeply intertwined.

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Journal Info
International Journal of Educational Review, Law And Social Sciences (IJERLAS)
Website

Abbrev

IJERLAS

Publisher

CV. RADJA PUBLIKA

Subject

Religion Humanities Environmental Science Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Social Sciences Other

Description

This journal accepts articles on results of the research in fields of Education, Cross Culture, Law, Environmental Empowerment which are the latest issues from the results of activities or practical implementations that are problem solving, comprehensive, meaningful, latest and sustainable findings ...