The Practice of Zakat: An Empirical Examination of Four Gulf Countries

C. Guermat, A.T. Al-Utaibi and J.P. Tucker
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C. Guermat: Department of Economics, University of Exeter
A.T. Al-Utaibi: College of Technology, Dammam, KSA.
J.P. Tucker: Department of Economics, University of Exeter

No 302, Discussion Papers from University of Exeter, Department of Economics

Abstract: As one of the cornerstones of Islamic economics, zakat has been given little attention in Islamic economics literature. Both theoretical and empirical studies are scarce, and thus this paper is an attempt to initiate discussion on the realities of the practice of zakat in the Muslim world. It is hoped that this will draw attention to the need to investigate the practice of zakat throughout the world. Some empirical results on a number of practical aspects of zakat are provided. The discussion is based on a collection of perception data from respondents in four Gulf Cooperation Council (GCC) countries regarding the evaluation, collection and payment of zakat.

Keywords: Zakat; Fiqh; Gulf Cooperation Council, Shari‘a. (search for similar items in EconPapers)
Date: 2003-11
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Citations: View citations in EconPapers (6)

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