Article
Corporate Social Responsibility

ANALYSIS AND RECOMMENDATIONS ON THE INTEGRATION OF ZAKAT WITH THE TAX SYSTEM

Date: 07/01/2024
Author: Serdar ARSLAN
Contributor: eb™ Research Team

This study examines the integration of zakat (a form of Islamic almsgiving) with the Turkish tax system, considering its potential advantages and the challenges it may pose from a multidimensional perspective. Zakat is a financial (monetary) obligation one of the five pillars of Islam while taxation serves as a fundamental revenue source for governments. The convergence of these two systems has significant implications both in terms of religious practice and socio-economic outcomes. Additionally, the study discusses the benefits and challenges associated with integrating zakat into the tax system, emphasizing how this integration can enhance social solidarity by redistributing wealth from the affluent to the needy. Incorporating zakat into the tax framework can further strengthen social justice.