Sri Runtiningsih, Risanda Alirastra Budiantoro, Ahmad Syahrul Fauzi, Ubaedul Mustofa, Lailatis Syarifah, Dwi Rahmayani
This study aims to examine the impact of zakat and various socio-economic factors on regional economic growth and poverty levels in Indonesia. Using panel data from 34 provinces in Indonesia for the period 2019-2021. This study examines the complex relationships between zakat distribution and key macroeconomic indicators within an Islamic economic framework, using a common effects model for the economic growth equation and a fixed effects model for the poverty equation. The results indicate that zakat has a positive significant effect on economic growth and has a negative significant effect on poverty. This research provides valuable insights into the potential role of zakat in addressing economic inequality and promoting sustainable development in Indonesia. © Author(s).
Universitas Negeri Semarang, Semarang, Indonesia; International Islamic University Malaysia, Malaysia
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