Abstract

This article discusses the role of Zakat, Infaq and Alms (Ziswaf) in microeconomic development in This article discusses the role of Zakat, Infaq and Alms (Ziswaf) in microeconomic development in Indonesia. The author explains Ziswaf's urgency in empowering small communities, especially those in the lower economic strata. Funds collected from zakat, infaq and alms can be allocated to support micro and small businesses, provide business capital, and provide training and mentoring to improve the skills and capacity of micro communities. The research method applied is the literature research method or literature review, which is focused on the analysis and synthesis of written works that are relevant to the research topic. The research results show that increasing ZISWAF fund collection has a positive impact on social religious life, poverty alleviation, equitable development, human development, and economic growth. If managed optimally, the existence of ZISWAF will provide a significant boost to economic growth. Therefore, it is emphasized that the government needs to provide greater support to exploit the potential of the ZISWAF instrument in Indonesia.

Full Text
Paper version not known

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.