Umm Al-Qura University

Umm Al-Qura University

Zakat and its Role in the Gross Domestic Product (A Case Study of Sudan)


- 2024/12/29

Dr. Milad Muftah Mohamed  Jarushi*
Lecturer, Department of Economics, Faculty of Economics and Political Science, Misurata University, Libya
Issue: 98 | Pages: 80-89 | September 2024 |https://doi.org/10.54940/si71452278|PDF
Received: 16/7/2023 | Revised:9/10/2023 | Accepted:16/1/2024
*Corresponding Author:[email protected]


Abstract
The research aims to identify the impact of Zakat on the gross domestic product of the State of Sudan by dividing the actual spending of Zakat into two main types: vertical (indirect) spending on production and service projects, and horizontal (direct) spending or spending conduct on private Masarf during the period (2000 - 2016). To achieve this goal, the analytical descriptive approach with the use of quantitative tools were relied upon, using specific statistical programs that serve this purpose, such as Eviews10. Through a Toda-Yamamoto causality test, it is clear that the only independent variable (EZP) that causes the dependent variable (GDP), and that the causation was in one direction only, given the probability value, which was less than 5%  and noting that the RGDP does not It affects (causes) the two types of Zakat under study. Thus, it can be said that the vertical spending of Zakat had a positive impact on the gross domestic product compared to the horizontal spending of it.

Keywords
Zakat, Vertical Spending, Horizontal Spending, Toda-Yamamoto Causality Test.

How to Cite
Jarushi, M. (2024), Zakat and its Role in the Gross Domestic Product (A Case Study of Sudan),Journal of Umm Al-Qura University for Sharia'h Sciences and Islamic Studies,Issue. 98. pp.80-89.https://doi.org/10.54940/si71452278

License
1658-8738/© 2024by the Authors. Published byJ. Umm Al-Qura Univ. Shariah. Sci. Islamic Stud.This is an open-access article distributed under the terms and conditions of thehttps://creativecommons.org/licenses/by-nc/4.0/Creative Commons License

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