Possibilities of mandatory donation (zakyat) in the solution of socio-economic problems of kyrgyzstan

Dzhunusbaeva Ch.I.1, Sayakova S.Sh.2
1 Восточный университет имени Махмуда Кашгари-Барскани
2 Институт экономики им. акад. Дж. Алышбаева Национальной академии наук Кыргызской Республики

Journal paper

Journal of International Economic Affairs (РИНЦ, ВАК)
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Volume 8, Number 3 (July-September 2018)

Citation:

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=36288178
Cited: 2 by 10.03.2020

Abstract:
In the article examines the possibilities of obligatory donation by Muslims - zakat, through the decision of social and economic problems of Kyrgyzstan where Muslims are the large share of the population. In a condition of the deficit budget, the State has to resort to loans, the main share of it are external loans. If we take into consideration that the large proportion of the country's population are Muslims, so correspondingly the large share of state transfer payments transmitted to them. With proceeds from zakat, it is possible to assign benefits to low-income and needy citizens of the country, along with state benefits, as well as to carry out various activities to improve the socio-economic climate in the country.

Keywords: zakat, poverty level, zakat al-fitr, muslims

JEL-classification: I38, I32, H41, H89

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