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Zakah, Moderation, and Aggregate Consumption by Munawar Iqbal: Comments

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  • Hasan, Zubair

Abstract

This is a detailed comment on a discussion paper of Munawar Iqbal published in an earlier issue of the same journal.It argues that it is difficult to quantify israf (frivolous expenditure on consumption.Therefore, a better way of analysing the impact of israf would be to start with a no-israf model of income determination. Then introduce israf into the picture israf to see the impact on the situation. The comments present such a model.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 3224.

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Date of creation: 1990
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Publication status: Published in JKAU: Islamic Economics, Jeddah 2.2(1990): pp. 91-100
Handle: RePEc:pra:mprapa:3224

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Keywords: Islamic economics; Macro consumption function; zakah; moderation; israf;

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