Zakat and Taxes in Islamic Overview: in terms of Benefit

2020 ◽  
Vol 1 (2) ◽  
pp. 66-73
Author(s):  
Darvina Darvina ◽  
Safrudin Halimy Kamaluddin ◽  
Muhammad Ridho Nur

This article will discuss Zakat and taxes from an advantageous perspective. Zakat and taxes are two obligations that must be carried out by Muslims in Indonesia. This tax is charged to every citizen who should pay taxes, which are at first glance looks very contradicted to Islamic teachings. In Islamic teachings, groups of people are obliged to spend a small portion of their assets as Zakat, namely those who have been categorized as capable persons already having had Nishab to give Zakat. By conducting literature studies and a descriptive analysis approach, it is found that Zakat contains the hope of obtaining blessings, cleansing the soul, cultivating it with various virtues, and fostering cleanliness and benefits on the assets owned. Tax and Zakat possess the same purpose namely a source of funds to create a just and prosperous society by sustaining equitability between material and spiritual needs. Taxes are used to finance activities in the fields and sectors of development. The distribution of Zakat to Mustahik, especially the poor and needy people, is expected to support their economic life to help national economic growth.

2017 ◽  
Vol 2 (01) ◽  
pp. 75 ◽  
Author(s):  
Daris Purba

<p>The MMM presence in Indonesia is becoming very popular because it promises a fantastic profit. Although covered by mutual-aid mode, not a few who perceive it as an investment business. Having observed the rapid development of the MMM as a new investment scheme, the researcher is driven to conduct a study on the economics perspective on the MMM. The objective of this research is to describe the practice of MMM-Indonesia and to review it from economics perspective.</p><p><br />This study belongs to qualitative study with the descriptive-empirical approach. The informants were 4 MMM national top-leaders, a manager, a victim, and a new member. The methods of data collection used were preliminary survey, literature studies, interviews and observation. The data were analyzed using the descriptive analysis technique.</p><p><br />The result of the study shows that MMM-Indonesia practice pyramid scheme, Ponzi scheme, and money game in its system. The research concludes that Indonesian government is unaware of the existence of this scheme threat and does no action against it. The study also concludes that the practice of MMM-Indonesia is incompatible with economics theories.<br />The author suggests that the Indonesian government must ban the practice of the MMM as it is a threat to national economic growth and stability. The author suggests other researchers to do further research on the server, moderator, administrator, and company management of the MMM.</p><p><br />Keywords: Economics, MMM, Ponzi Scheme, Pyramid Scheme</p>


2019 ◽  
Vol 3 (2) ◽  
pp. 124-138
Author(s):  
Syamsu Pratama

Economic growth of a region can assess from various aggregate sizes, one of them is GDRP (Gross Regional Domestic Product). Based on theory, GDRP can influenced by several variables, including world commodity prices which have the largest share of GDP, labor force participation rate (LFPR), Human Development Index (HDI), income inequality, open unemployment rate and percentage of the poor. In 2015 Bangka Belitung Islands Province GRDP had a share of around 0.5 percent of Indonesia's GDP. The largest share is West Bangka Regency with 11.46 trillion rupiahs, while the smallest one is East Belitung with 6.112 trillion rupiahs.To find out picture of economic growth and the influence of variable prices of palm oil commodities, LFPR, HDI income inequality, open unemployment and the percentage of the poor on economic growth in the Bangka Belitung Islands Province 2008-2015, the method used is descriptive analysis and panel data regression.The best model for estimating GDRP growth in Bangka Belitung Islands Province in 2008-2015 is the fix effect model with Seemingly Uncorrelated Regression Method. With alpha 5 percent, the variables that significantly influence economic growth are HDI, the percentage of the poor, labor force participation rate (LFPR), income inequality, open unemployment rate and world commodity prices.economic growth


2018 ◽  
Vol 239 ◽  
pp. 08020
Author(s):  
Elena Novokshonova ◽  
Marina Pivovarova ◽  
Vladimir Tyurnin

The paper presents the economic and mathematical theories of exchange by W.S. Jevons, L. Walras, J.E. Stiglitz, B. Holmström, and others. Theories of exchange are classified into classical (J.B. Say), neoclassical (A. Marshall), contractual (B. Holmström), natural scientific (V. Pareto), statistical. Mathematical models of exchange allow deepening the concept of competition. They show competition from the interaction of producers and the resulting uncertainty of exchange. It is shown that the emphasis on exchange to the detriment of production or, conversely, underestimation of exchange in economic regulation leads to a slowdown in economic growth. Research methods: abstraction, analysis and synthesis, the method of comparative descriptive analysis, economic and mathematical analysis.


The Winners ◽  
2021 ◽  
Vol 22 (1) ◽  
Author(s):  
Abdul Karim ◽  
Chalid Imran Musa ◽  
Romansyah Sahabuddin ◽  
Muhammad Azis

The research aims to examine the allocation of Village funds during the COVID-19 global crisis pandemic as well as its benefits to Baraka Sub-district in Enrekang Regency, South Sulawesi Province. It has an area of 159,15 (km2) or 8,91% of the accumulated total area of Enrekang Regency. This research is qualitative research with a descriptive analysis approach. The research method is carried out by collecting data and information from the population taken from 12 villages in the Baraka Sub-district. The results show that BUMDes (Village-owned Enterprises) fosters rural economic development for all village communities in Baraka Sub-district and supports national economic growth. In addition, Village funds is considered to have become a support for meeting the economic needs of the community during the COVID-19 pandemic. It is expected that various economic recovery programs will continue, whether they become central, regional, or local village-scale programs, especially in 12 villages in Baraka Sub-district.


2000 ◽  
Vol 39 (3) ◽  
pp. 269-272
Author(s):  
Atiq-ur- Rehman

Inadequacy of capital results in inefficient utilisation of resources in the rural areas. It does not only impact negatively on national economic growth but also proves to be instrumental in keeping the poor trapped in poverty as formalised traditional capital markets remain beyond the reach of the poor. In such cases, then, micro-financing services offer the best solution to the aforementioned problem. It is encouraging to note that micro-financing is being recognised as a powerful tool in alleviating poverty and promoting growth and development at the grassroots level.


2021 ◽  
Vol 59 (4) ◽  
pp. 1376-1379

Anwar Shaikh of Department of Economics New School for Social Research reviews “The Mismeasure of Progress: Economic Growth and Its Critics” by Stephen J. Macekura. The Econlit abstract of this book begins: “Explores criticism of gross national product (GNP), outlining the quest of growth critics to redefine national economic aspirations and the measurement of economic life.”


2017 ◽  
Vol 11 (2) ◽  
pp. 161-74
Author(s):  
Syaugi Syaugi

    As a constitution, the Indonesian Constitution of 1945 regulates how the national economic system should be arranged and developed. In the perspective of constitution, the implementation of sharia economy does not mean the state directs a particular economic ideology. Philosophically, the ideals of Indonesian economic law is to initiate and prepare the legal concept of economic life. Shariah economy has a strong foundation both formally shariah and formallyconstitution. Formally shariah means the existence of shariah economy has a strong foundation in Indonesian legal system. Formally constitution means, in the context of the state, Shariah economy has a constitutional basis. The existence of laws relating to shariah economy shows that the Indonesian economic system givesa place to the shariah economy.


TABULARASA ◽  
2015 ◽  
Vol 11 (2) ◽  
Author(s):  
Muhammad Rif’an Harahap

System changes from centralized to decentralized governance has provided an opportunity for local governments to regulate and manage Natural Resources (NR) and Human Resources (HR) in the region to create a welfare society can be characterized by the growth of regional economic growth. The research was conducted to determine the contribution and sub-sectors growth in the agricultural sector and a base and competitive sub-sectors so that it can be seen the leading subsectors of agriculture. The analysis method used is descriptive analysis will illustrate how the rate of growth and the contribution of sub-sectors in the agricultural sector. Location Quetiont (LQ) Analysis was used to determine the base and non-base sub-sector. While the analysis of Revealed Comparative Advantage (RCA) is used to see the sub-sector competitiveness. The combination of LQ and RCA analysis can then be used to determine the leading sub-sector. From the analysis it is known that sub-sector of the agricultural sector is a base sub-sector which has the potential to become the leading sub-sector. Meanwhile, from the RCA analysis is known that the base of the agricultural sector has a highly competitive sub-sectors are food crops, tree crops, livestock and forestry.


TABULARASA ◽  
2015 ◽  
Vol 11 (2) ◽  
Author(s):  
Muhammad Rif’an Harahap

System changes from centralized to decentralized governance has provided an opportunity for local governments to regulate and manage Natural Resources (NR) and Human Resources (HR) in the region to create a welfare society can be characterized by the growth of regional economic growth. The research was conducted to determine the contribution and sub-sectors growth in the agricultural sector and a base and competitive sub-sectors so that it can be seen the leading subsectors of agriculture. The analysis method used is descriptive analysis will illustrate how the rate of growth and the contribution of sub-sectors in the agricultural sector. Location Quetiont (LQ) Analysis was used to determine the base and non-base sub-sector. While the analysis of Revealed Comparative Advantage (RCA) is used to see the sub-sector competitiveness. The combination of LQ and RCA analysis can then be used to determine the leading sub-sector. From the analysis it is known that sub-sector of the agricultural sector is a base sub-sector which has the potential to become the leading sub-sector. Meanwhile, from the RCA analysis is known that the base of the agricultural sector has a highly competitive sub-sectors are food crops, tree crops, livestock and forestry.


2017 ◽  
Vol 8 (1) ◽  
pp. 225
Author(s):  
Teki Shala

The revenue collected from the value added tax constitutes the main income of the Kosovo government. For this reason, this research has a great importance in the formulation of effective policies in Kosovo that will subsequently improve the efficiency of tax collection of Value Added and growing fiscal and budgetary stability. This research it will have a descriptive analysis of the trends of VAT collection in Kosovo from 2005- 2015 years using different analytical techniques to examine trends and data structure over the years. We have used two types of analysis; One is the descriptive analysis of trends and the other is the contrast of the descriptive analysis of trends that is the econometric technique used to analyze the VAT effect on economic growth in Kosovo. The source of data for this study is secondary through the Annual Financial Report of the Ministry of Finance of Kosovo and the IMF. In order to analyze the data generated for the study, the statistical tool utilized is OLS technique (multiple regression). One of the key findings in the collection of VAT has been its dependence on the border. Revenue collection is among the most pressing problems and such situation does not guarantee a country's budgetary stability. Also, based on the findings we noted that the VAT share of the gathering in gross domestic product of the Interior of the country has been low compared to other countries in Europe developing, reflecting a low level of economic development. Also from econometric analysis is confirmed that the regression coefficient shows that we have a VAT impact on GDP in Kosovo, because the level of significance is .000, or includes the rate of 1%. Also, the correlation between VAT and GDP shows a strong positive relationship, or statistically interpreted with the increase of VAT, will increase the GDP of Kosovo, these two elements conclude that VAT has a significant impact on economic growth in Kosovo. Furthermore, this research highlight some key issues that policy makers should consider dealing with the collection and effective use of revenue collected from VAT, to improve growth.


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