Zakah, Moderation, and Aggregate Consumption by Munawar Iqbal: Comments
AbstractThis 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 InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 3224.
Date of creation: 1990
Date of revision:
Publication status: Published in JKAU: Islamic Economics, Jeddah 2.2(1990): pp. 91-100
Islamic economics; Macro consumption function; zakah; moderation; israf;
Find related papers by JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
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