The Impact of Zakat Fund in Reducing Poverty Case of Algeria

Bouchikhi Mohamed Rédha, Ghrissi Larbi, Rahmani Mira Karima

Abstract


Zakat is one of the pillars of Islam but also one of the pillars important the fight against poverty, in this research paper we will propose an econometric model to measure the contribution and the impact of zakat fund in Algeria in the fight against poverty from 2003 to 2013 to achieve this we have used an estimation with the OLS method. Through that we have arrived at that result which demonstrates that the Algerian zakat fund helps to create new businesses, which leads the reduction of unemployment and poverty but this contribution remains small.

DOI: 10.5901/mjss.2016.v7n3p256


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This work is licensed under Creative Commons Attribution 3.0 License.

Mediterranean Journal of Social Sciences ISSN 2039-9340(Print) ISSN 2039-2117(Online)

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