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Zakat Expenditure & Real Output Oic Conference 2009

Zakat Expenditure & Real Output Oic Conference 2009

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Published by GonzQlua

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Published by: GonzQlua on May 20, 2010
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09/04/2010

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AN ANALYSIS OF ZAKAT EXPENDITURE ANDREAL OUTPUT: Theory and Empirical Evidence
Mohammed B. Yusoff Department of EconomicsInternational Islamic University MalaysiaE-mail:mohammed.yusoff@iiu.edu.myTelephone: 603-2056-4637
 
INTRODUCTION
Zakat 
 is the third pillar of Islamis mentioned in the
 Al-Qur’an
more than 30 times,usually with
Solah
 is an obligatory religious due imposed on Muslim on anumber of categories of physical assets and financialassets, and incomepurifies the assets and the hearts of the contributors fromselfishness and greed and also purifies the hearts of the recipients from jealousyis distributed to the 8
asnaf 
 
The Eight Asnaf 
FakiMiskinAmilMualaf Wayfarer SlaveDebtoFisabillah

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