Abstract

This research aims to determine and comprehen about zakat and waqf role in the economic development of the Muslims (Ummah) in Islamic economic perspective. Research types is library research. Research approach using combination of a philosophical and phenomenological approach. A philosophical approach is used to look deeply at philosophical material objects such as values, principles, Islamic economic goals and zakat and wakaf role in Muslims (ummah) economic development. While the phenomenological approach is used to look at the economic development that is reflected in society through statistical data about poverty, as well as those contained in a literature work such as books, documents, scientific works and research. Study result: Islamic economic system aims is to improve society welfare and to realize maqasid as sharia, and uphold justice value, therefore the important base of zakat and waqf distribution is Allah guidance in Qur’an Surah (chapter) [59]: 7 .... " so that the wealth should not circulate among the rich people among you... "from these foundation spawned a great concept of zakat and waqf role in economic development. Zakat and waqf are economic development instruments. Empowerment and management of coordinatively between government and society make a positive contribution in Muslims economic development.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.