cover
Contact Name
Andri Putra Kesmawan
Contact Email
andriputrakesmawan@gmail.com
Phone
+6281990251989
Journal Mail Official
journal@idpublishing.org
Editorial Address
Jl. Sidorejo Gg. Sadewa No.D3, Sonopakis Kidul, Ngestiharjo, Kapanewon Kasihan, Kabupaten Bantul, Daerah Istimewa Yogyakarta
Location
Kab. bantul,
Daerah istimewa yogyakarta
INDONESIA
Journal of Waqf and Islamic Economic Philanthropy
ISSN : -     EISSN : 30310024     DOI : https://doi.org/10.47134/wiep
Core Subject : Economy,
Journal of Waqf and Islamic Economic Philanthropy (3031-0024) publishes original research that examines the economic, social, and religious dimensions of waqf and Islamic economic philanthropy. The journals scope includes a wide range of topics, such as: The theory and practice of waqf The legal and regulatory framework for waqf The economic and social impact of waqf The management and governance of waqf The role of waqf in sustainable development The journal welcomes submissions from a wide range of disciplines, including economics, law, Islamic studies, and social sciences. The journal is committed to publishing high-quality research that is relevant to policymakers, academics, and the general public.
Articles 1 Documents
Search results for , issue "Vol. 2 No. 3 (2025): May" : 1 Documents clear
The Imperative of Zakat on Financial Instruments in a Globalized Economy Maspul, Kurniawan; Mubarak, Islahuddin
Journal of Waqf and Islamic Economic Philanthropy Vol. 2 No. 3 (2025): May
Publisher : Indonesian Journal Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47134/wiep.v2i3.648

Abstract

Amidst a $109 trillion global equity market and widening wealth chasms, this study repositions Zakat—Islam’s divine wealth tax—as a radical antidote to neoliberal excess. Synthesizing juristic rigor with empirical analysis, it asserts stocks and asset-backed sukuk as Zakatable under Urud al-Tijarah, contingent on trade intent and Shariah compliance. Indonesia’s BAZNAS emerges as paradigmatic, diverting 12% of $700M annual Zakat from equities to uplift 15,000 families, while Malaysia’s automated systems and Saudi profit-levies reveal scalable blueprints. Yet $1 trillion in uncollected Zakat persists, shackled by bond-based riba, regulatory disarray, and valuation ambiguities. The work champions blockchain traceability, AI-driven compliance, and harmonized global frameworks to unlock Zakat’s latent power. By fusing prophetic ethics with fintech innovation, this research reengineers capitalism’s DNA—transforming speculative markets into conduits of sacred equity, where prosperity is not hoarded but flowed, as Imam Al-Ghazali envisioned, to every corner of our parched world.

Page 1 of 1 | Total Record : 1