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https://ptsldigital.ukm.my/jspui/handle/123456789/774238| Title: | Analysis impact of zakat fiscal policy on economic growth in Malaysia ( 1991 - 2006) |
| Authors: | Eko Suprayitno Radiah Abdul Kader Azhar Harun |
| Editors: | Abdul Ghafar Ismail Achmad Tohirin Munrokhim Misanam |
| Conference Name: | International Workshop: Exploring Islamic Economic Theory |
| Keywords: | Zakat fiscal policy Tax payer Income tax |
| Conference Date: | 2008-08-11 |
| Conference Location: | Yogyakarta, Indonesia |
| Abstract: | This paper attempts to examine the role of zakat fiscal policy in Malaysia and its impact on the economy at the macro level. using the OLS, TSLS, and ECM analysis. In Malaysia zakat is used as a fiscal policy tool whereby income tax payers were given 100 per cent rebates on zakat that they paid. This study finds that zakat has a positive and significant relationship with economic growth, consumption and small business investment respectively. Although the zakat impact is small this study shows that zakat can be used as a fiscal policy tool just like the income tax. |
| ISBN: | 9789833198221 |
| Pages: | 355-376 |
| Call Number: | BP173.75.I578 2008 sem |
| Appears in Collections: | Seminar Papers/ Proceedings / Kertas Kerja Seminar/ Prosiding |
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