Factor influencing individual participation in zakat on income / Nor Idayu Othman

Zakat is one of the sources of funds available within the Islamic economic and financial systems and has become a part of ijtima’i studies. Although it is obligatory for Muslims to contribute to zakat, however the amount collected is relatively very small compared to the income tax collections. One...

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Main Author: Othman, Nor Idayu
Format: Student Project
Language:English
Published: Faculty of Business and Management 2011
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/28414/1/PPb_NOR%20IDAYU%20OTHMAN%20BM%20M%2011_5.pdf
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author Othman, Nor Idayu
author_facet Othman, Nor Idayu
author_sort Othman, Nor Idayu
collection UITM
description Zakat is one of the sources of funds available within the Islamic economic and financial systems and has become a part of ijtima’i studies. Although it is obligatory for Muslims to contribute to zakat, however the amount collected is relatively very small compared to the income tax collections. One of the reasons that led to this incident could be the lack of motivation among Muslims. The aim of this study is to investigate the factors affecting individual decisions in zakat contribution hence, provide an understanding of their motivation. In this exploratory study, factor analysis has been used to provide insights into the underlying structure of motivating factors of individuals participating in zakat. Data was collected using a survey questionnaire that was designed based on past studies from both the conventional as well as Islamic literature. The main dimensions were characterised by religious, utilitarian, self-satisfaction and organization factors.
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spelling uitm.eprints-84142020-04-27T03:49:46Z https://ir.uitm.edu.my/id/eprint/28414/ Factor influencing individual participation in zakat on income / Nor Idayu Othman Othman, Nor Idayu Islam and economics Alms (Zakat) Finance, Islamic Zakat is one of the sources of funds available within the Islamic economic and financial systems and has become a part of ijtima’i studies. Although it is obligatory for Muslims to contribute to zakat, however the amount collected is relatively very small compared to the income tax collections. One of the reasons that led to this incident could be the lack of motivation among Muslims. The aim of this study is to investigate the factors affecting individual decisions in zakat contribution hence, provide an understanding of their motivation. In this exploratory study, factor analysis has been used to provide insights into the underlying structure of motivating factors of individuals participating in zakat. Data was collected using a survey questionnaire that was designed based on past studies from both the conventional as well as Islamic literature. The main dimensions were characterised by religious, utilitarian, self-satisfaction and organization factors. Faculty of Business and Management 2011 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/28414/1/PPb_NOR%20IDAYU%20OTHMAN%20BM%20M%2011_5.pdf Factor influencing individual participation in zakat on income / Nor Idayu Othman. (2011) [Student Project] <http://terminalib.uitm.edu.my/28414.pdf> (Unpublished)
spellingShingle Islam and economics
Alms (Zakat)
Finance, Islamic
Othman, Nor Idayu
Factor influencing individual participation in zakat on income / Nor Idayu Othman
title Factor influencing individual participation in zakat on income / Nor Idayu Othman
title_full Factor influencing individual participation in zakat on income / Nor Idayu Othman
title_fullStr Factor influencing individual participation in zakat on income / Nor Idayu Othman
title_full_unstemmed Factor influencing individual participation in zakat on income / Nor Idayu Othman
title_short Factor influencing individual participation in zakat on income / Nor Idayu Othman
title_sort factor influencing individual participation in zakat on income nor idayu othman
topic Islam and economics
Alms (Zakat)
Finance, Islamic
url https://ir.uitm.edu.my/id/eprint/28414/1/PPb_NOR%20IDAYU%20OTHMAN%20BM%20M%2011_5.pdf
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