The Role of Zakat on Economic Growth: Modification of the Mathematical Model from an Islamic Economic Perspective

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Conceptual analysis modifies a mathematical model to include zakat in economic growth, suggesting new insights for policymakers.

Incorporating zakat into economic growth models highlights its potential to stimulate economic dynamics.
The proposed model demonstrates that zakat can enhance consumption and investment, promoting overall economic health.
This research utilizes a conceptual approach to analyze existing literature and enhance economic modeling.
The findings underscore the need for effective zakat policies to maximize socio-economic benefits in Muslim-majority countries.

Muhammad Yusuf (2025) studied this question.

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