The nexus between Islamic social finance, quality of human resource, governance, and poverty

Widiastuti, Tika; Mawardi, Imron; Zulaikha, Siti; Herianingrum, Sri; Robani, Anidah; Mustofa, Muhammad; Atiya, Nikmatul

doi:10.1016/j.heliyon.2022.e11885

Cited by 14 publications

(13 citation statements)

References 73 publications

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“…Due to the limited availability of data, the zakat rate in this study is estimated, following the approach taken by Mahat & Warokka (2013); Sarntisart (2016); Shaukat & Zhu (2020); and Bouanani & Belhadj (2019). In this study, the zakat rate is calculated from the estimated collection of investment zakat funds using the following formula, as used by Widiastuti et al, (2022).…”

Section: Methodsmentioning

confidence: 99%

The Nexus Between Zakat, Population, Scientific and Technical Journal Articles, and Economic Growth: Panel Data Analysis in Muslim-Majority Countries

Lestari,

Syaifullah,

Affan

et al. 2024

JESTT

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This research aims to analyze the factors that influence the economic growth of a country. This study involves a quantitative investigation using panel data regression in seven mainly muslim nations from 2007 to 2020. The variables used in this research are zakat rate, population, the number of scientific and technical journal articles, and Gross Domestic Product (GDP). This research found that the variables of zakat rate, population, and the scientific and technical journal articles have a partial effect on a country's economic growth. Furthermore, simultaneously, variables such as the zakat rate, population, and the number of scientific and technical journal articles also have a significant effect on economic growth. This research also found that zakat rate as the most influential factor in economic growth. First, the government should create effective policies to increase the level of zakat, such as implementing zakat policies as an income tax deduction. This is expected to enhance zakat collection. Second, stakeholders must collaborate to integrate zakat with other policy instruments to create a comprehensive policy framework. Keywords: Economic Growth, Journal Articles, Population, Zakat ABSTRAK Penelitian ini bertujuan untuk menganalisis faktor-faktor yang memengaruhi pertumbuhan ekonomi suatu negara. Studi ini melibatkan investigasi kuantitatif menggunakan regresi data panel di tujuh negara mayoritas muslim dari tahun 2007 hingga 2020. Variabel yang digunakan dalam penelitian ini adalah tingkat zakat, populasi, jumlah artikel jurnal ilmiah dan teknis, dan Produk Domestik Bruto (PDB). Penelitian ini menemukan bahwa variabel tingkat zakat, populasi, dan artikel jurnal ilmiah dan teknis memiliki pengaruh parsial terhadap pertumbuhan ekonomi suatu negara. Selain itu, secara bersamaan (simultan) variabel tingkat zakat, populasi, dan jumlah artikel jurnal ilmiah dan teknis juga memiliki pengaruh signifikan terhadap pertumbuhan ekonomi. Penelitian ini juga menemukan bahwa tingkat zakat merupakan faktor paling berpengaruh dalam pertumbuhan ekonomi. Penelitian ini memberikan dua rekomendasi. Pertama, pemerintah harus menciptakan kebijakan efektif untuk meningkatkan tingkat zakat, seperti melalui kebijakan zakat sebagai pengurang pajak penghasilan. Ini diharapkan dapat meningkatkan pengumpulan zakat. Kedua, para pemangku kepentingan harus bekerja sama untuk mengintegrasikan zakat dengan instrumen kebijakan lainnya untuk menciptakan kerangka kebijakan yang komprehensif. Kata Kunci: Pertumbuhan ekonomi, Artikel Jurnal, Populasi, Zakat

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Section: Methodsmentioning

confidence: 99%

The Nexus Between Zakat, Population, Scientific and Technical Journal Articles, and Economic Growth: Panel Data Analysis in Muslim-Majority Countries

Lestari,

Syaifullah,

Affan

et al. 2024

JESTT

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“…Alim (2015) further proposed a saving fund mechanism in which collected zakat funds are managed by amil zakat before being distributed to zakat beneficiaries. Widiastuti et al (2022) examined the relationship between zakat and the economics of 39 members of the Organization of Islamic Cooperation (OIC) from 2007 to 2020. The research found that zakat has a negative and significant relationship with poverty, which means that zakat can play a role in poverty alleviation among 39 OIC members.…”

Section: Literature Reviewmentioning

confidence: 99%

A system dynamics model on how zakat can reduce poverty in Indonesia

Setiawan,

Qurtubi,

Khairullah

2024

J. Eko. Keu. Isl.

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Purpose – This study analyzes the potential of zakat for poverty alleviation using a system dynamics approach. Indonesia has excellent zakat potential as a country with the largest Muslim population. However, the poverty rate in Indonesia is still high at approximately 10.14% of the total population.Methodology – This study used system dynamics to model how zakat can reduce poverty in Indonesia. The system dynamics method was chosen because of its capability to model the complexity of the system. Findings – The model indicates that increasing the percentage of productive zakat allocation and decreasing the delay of the conversion program can reduce the poverty alleviation time from 200 to 120 years using the zakat nisab standard and from 32 years using the Central Statistics Agency (BPS) poverty standard. However, if Zakat faces limited funds, the focus should be on decreasing the conversion delay. Implications –This research can encourage people to become muzakki (zakat payers) because, as indicated in the simulation models, muzakki growth of muzakki has a role in poverty alleviation. In addition, Zakat institutions can use the developed model to simulate the best policy for poverty alleviation before implementing the program.Originality – Although the system dynamics approach has shown promising findings in modeling poverty, the number of studies utilizing system dynamics to analyze the effect of zakat on poverty reduction is limited. Therefore, this study aims to evaluate the effectiveness of zakat in alleviating poverty by implementing a system-based approach and simulating system dynamics.

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“…Beberapa penelitian terkemuka dalam bidang ini mencakup "Islam dan Kewirausahaan" yang diteliti oleh Younis dan Dimitratos (2022), "Islam dan Performa Ekonomi" yang dipelajari oleh Khalfaoui dan Guenichi (2022), serta karya-karya seperti Kuran (2004) dan Pryor (2007) yang membahas peran agama Islam dalam ekonomi. Selain itu, aspek lingkungan juga menjadi fokus penelitian dalam "Islam dan Ketahanan Lingkungan" oleh Bsoul et al (2022), "Islam dan Kemiskinan" oleh Widiastuti et al (2022) serta "Islam dan Etos Kerja" yang diteliti oleh Nadjib (2013). Di samping itu, "Pandangan Islam Terhadap Bunga" juga merupakan topik yang dianalisis oleh Anjum (2022).…”

Section: Gambar 1 Pdb Per Kapita (Ppp) Dan Persentaseunclassified

Pendapatan dan Religiusitas Individu Muslim di Indonesia

Hawari

2023

JIEI

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Numerous studies have revealed a negative relationship between economics and religiosity, suggesting that an improvement in economic conditions can decrease an individual's religiosity. This assumption is based on the hypothesis of secularism, which posits that economic progress reduces religious adherence. The present study aims to examine the influence of economic variables, measured by individual income and daily working hours, on the religiosity of Muslim communities in Indonesia, as measured by participation in religious study groups (taklim) and prayer activities. A quantitative analysis using logistic regression is employed to explore the likelihood of individual religiosity levels when influenced by economic variables. Control variables in this study include age, proximity to Islamic traditions, level of adherence, place of residence, and Islamic education. The research findings indicate that income level does not significantly increase the likelihood of individuals engaging in prayer and taklim activities. Conversely, the number of daily working hours exhibits a negative relationship with prayer and taklim activities. The longer an individual works in a day, the higher the likelihood of abstaining from prayer and taklim activities.

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The nexus between Islamic social finance, quality of human resource, governance, and poverty

Cited by 14 publications

References 73 publications

The Nexus Between Zakat, Population, Scientific and Technical Journal Articles, and Economic Growth: Panel Data Analysis in Muslim-Majority Countries

The Nexus Between Zakat, Population, Scientific and Technical Journal Articles, and Economic Growth: Panel Data Analysis in Muslim-Majority Countries

A system dynamics model on how zakat can reduce poverty in Indonesia

Pendapatan dan Religiusitas Individu Muslim di Indonesia

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