In Islamic economic analysis, the institution of Zakah is not only helping to alleviate the problem of poverty but also helps to promote the productivity of the economy. Discuss.

MACROECONOMICS FOR TODAY
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Chapter20: Growth And Less Developed Countries
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In Islamic economic analysis, the institution of Zakah is not only helping to alleviate the problem of poverty but also helps to promote the productivity of the economy. Discuss.
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Islamic economics is the study of economics or economic activities and processes in accordance with Islamic principles and teachings. 
Islam has its own set of moral norms and values concerning individual and social-economic behavior.

 

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