ZAKAT: CONCEPT AND IMPLICATIONS TO SOCIAL AND ECONOMIC (ECONOMIC TAFS?R OF AL-TAWBAH:103)

Abdul Wahid Al-Faizin (), Taqiyah Dinda Insani () and Sri Herianingrum ()
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Abdul Wahid Al-Faizin: Airlangga University
Taqiyah Dinda Insani: Airlangga University
Sri Herianingrum: Airlangga University

Journal of Islamic Monetary Economics and Finance, 2018, vol. 4, issue 1, 117-132

Abstract: One of the most used methods by Ulam?’ to find the laws and wisdoms from Quran is a tafs?r method. This paper try to find and analyze the concept from s?rah al-Tawbah: 103 - ayah with the more general content related to the concept and function of zakat – by using the tafs?r method and how the implication of zakat for the social and economic equality is. The method used in this paper is a qualitative method by using content analysis that combines tafs?r bi al-ra’yi with tafs?r bi al-ma’th?r. By using economic interpretation, the result shows that zakat should be an obligatory system and its management must be done centrally by the government. In this case Baznas can be a representation of the government to perform the task. The study also found that there are two implications of the zakat mentioned in s?rah al-Tawbah: 103. First, ??????? (purification) through which zakat is able to provide social implications of tranquility, security, and harmony. Secondly, ??????? (holy, blooming, blessing and praise) through which zakat has economic implications both in micro aspects (increase in quantity in the economic curve) and macro (increased investment and depletion of poverty and unemployment).

Keywords: Zakat; Economic Tafs?r; Social and Economic Equality (search for similar items in EconPapers)
JEL-codes: O15 P36 Z12 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:idn:jimfjn:v:4:y:2018:i:1g:p:117-132

DOI: 10.21098/jimf.v4i1.780

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