UPAYA MENSTABILKAN PEREKONOMIAN AKIBAT KRISIS EKONOMI MELALUI ISNTRUMEN ZAKAT
Abstract
This article will examine how zakat can be an effective solution in dealing with the economic crisis from an Islamic perspective accompanied by the arguments of the Qur'an and Hadith and how its application can reduce the impact of the economic crisis and improve socio-economic conditions. In this study, a theoretical study was conducted using the literature review method, analyzing and comparing relevant previous studies. The findings in the study are that zakat has great potential to increase aggregate consumption, encourage investment, and reduce economic disparities. The results of the study indicate that effective and efficient zakat management can contribute significantly to economic growth through several mechanisms, namely increasing aggregate consumption, redistribution of wealth, and increasing foreign and domestic investment. In addition, zakat can also play a role in maintaining economic stability through the mechanism of equalizing income distribution, reducing economic disparities, and encouraging productive economic activities. Efforts to maximize the potential of zakat in encouraging economic growth and maintaining economic stability can be done by increasing the accountability and transparency of zakat management institutions, strengthening zakat collection through a digital system, and distributing zakat funds appropriately to groups in need.
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