Munawar Iqbal: Zakah, Moderation and Aggregate Consumption in an Islamic Economy, Comment منور إقبال: الزكاة والاعتدال والاستهلاك الكلي في الاقتصاد الإسلامي - تعليق: محمد فهيم خان

M. Fahim Khan ()
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M. Fahim Khan: International Institute of Islamic Economics International Islamic University, Islamabad, Pakistan

Journal of King Abdulaziz University: Islamic Economics, 1990, vol. 2, issue 1, 101-105

Abstract: Consumption function in Islamic framework has attracted in this Journal more attention than any other micro or macro-aspect of Islamic economic system. Yet, all these half a dozen presentations have simply focused on a trivial issue i.e. implication of Islamization of an economy on the propensity to consume in a simple Keynesian macro-economic framework. Whether imposition of Zakah will increase or decrease the propensity to consume is not a substantial issue. All presentations made so far, whether proving an increased propensity or decreased propensity to consume, indicate only a marginal increase or decrease. For example, see Ausaf (1985) and Metwally (1981). --

Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:abd:kauiea:v:2:y:1990:i:1:no:6:p:101-105

DOI: 10.4197/islec.2-1.6

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