THE ROLE OF ZAKAT AS AN EFFORT TO ALLEVIATE POVERTY AND DRIVER OF ECONOMIC GROWTH IN INDONESIA
Devia Almeyda, Dewi Aisyah Syarani Sjam, Mir^atun Nisa^, Irham Zaki

a) Study Programme Magister Science in Islamic Economics,
Faculty of Economics and Business, Airlangga University, Indonesia
b) Study Programme Magister Science in Islamic Economics,
Faculty of Economics and Business, Airlangga University, Indonesia
c) Study Programme Magister Science in Islamic Economics,
Faculty of Economics and Business, Airlangga University, Indonesia
d) Departement of Sharia Economics, Faculty of Economics and Business,
Airlangga University, Indonesia

Abstract

Zakat plays a significant role in poverty alleviation and economic growth efforts in Indonesia. This paper aims to examine the role of zakat in the Indonesian context, with a focus on zakat implementation, poverty alleviation, and economic growth. The research methodology employed is literature review and analysis of relevant data. Zakat plays a significant role in poverty alleviation and economic growth efforts in Indonesia. Through wealth redistribution, zakat helps reduce economic disparities and enhance the well-being of the needy. Additionally, zakat stimulates economic growth by boosting the purchasing power of the poor and developing the micro and small-scale sectors. Synergy among the government, zakat institutions, and society is crucial to maximize the role of zakat in addressing poverty and achieving sustainable economic growth in Indonesia.

Keywords: Zakat, Poverty, Economic Growth

Topic: Development economics