Poverty Alleviation Through Potential Zakat Collection: Case of Morocco
DOI:
https://doi.org/10.32332/ijie.v3i2.3509Keywords:
Islamic Economics, Poverty alleviation, ZAKAT, Wealth redistributionAbstract
Morocco, is one of the many countries that still suffer from inequality and a high poverty index despite the economic growth over the last few years. Indeed, This paper aims to demonstrate the effect of Zakat on poverty alleviation and redistribution of wealth by estimating potential Zakat collection in Morocco. The results of this study indicate that potential zakat collection can fill the resources shortfall for the poverty alleviation under 1.9$ and 3.2$ a day. The total of all zakat potential in Morocco are not only sufficient to provide for the shortfall and eliminate the extreme poverty but also can generate surplus.
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References
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Zulkifil, M. Faris, Taha. Roshaiza, Awang, Mohd Nor, Ali. Azwadi. (2021), “Combating Poverty in Malaysia: The Role of Zakat”, The Journal of Asian Finance, Economics and Business , Volume 8, Issue 5, pp.505-513.
Hasan Bulent Kantarcı (2015), “The importance of Zakat in struggle against circle of poverty and income redistribution”, International Journal of Economics and Management Engineering, Vol:9, No:1, 2015, pp.351-354.
Jakub Drewnosky ( 1997), “Poverty: It is Meaning and Measurement”, Development and Change, Vol: 8, Issue 2, pp.183-208.
Kahf, Monzer (1989), "Zakat: Unresolved issues in the Contemporary Fiqh", Journal of Islamic Economics, 2 (1), pp. 1-22.
Report of HCP (2014), “ National Survey on Consumption and Household Expenditure 2013/2014”, Morocco.
Report of HCP, (2014), “National report relating to millenniums objectives for development”, Morocco.
Report of OXFAM. (2017), “ An Economy for the 99%”, Deborah Hardon, 16 January 2017.
Shirazi Nasim Shah (2004), “Prospects of Poverty Elimination through the Institution of Zakat: A Case of OIC Member Countries”, International Conference on Poverty in the Muslim World & Communities, IIUM, Malaysia, 14 –1 December, 2004.
Shirazi Nassim Shah (2006), “Providing for the Resource Shortfall for Poverty Elimination through the Institution of Zakat in Low-Income Muslim Countries” IIUM Journal of Economics and Management, Malaysia, Vol.14, No.1.
Shirazi Nassim Shah (2014), “Integrating Zakāt and Waqf into the Poverty Reduction Strategy of the IDB Member Countries”, Islamic Economic Studies, Kingdom of Saudi Arabia, Jeddah, Vol. 22, No. 1, May,2014, pp.79-108.
Watts, H. (1968), “An economic definition of poverty”, in D.P. Moynihan (ed.),
”On Understanding Poverty”, 316-329, Basic Book, New York, 1968.
Zulkifil, M. Faris, Taha. Roshaiza, Awang, Mohd Nor, Ali. Azwadi. (2021), “Combating Poverty in Malaysia: The Role of Zakat”, The Journal of Asian Finance, Economics and Business , Volume 8, Issue 5, pp.505-513.
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Published
2021-12-31
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Articles
How to Cite
Poverty Alleviation Through Potential Zakat Collection: Case of Morocco (H. Lahjouji & M. Kahf , Trans.). (2021). International Journal of Islamic Economics, 3(02), 164-176. https://doi.org/10.32332/ijie.v3i2.3509
