The Role of Zakat, Islamic Human Development, and Government Support on the Economic Growth in Jordan
- Mohammad Radwan Mohammad Qudah , Faculty of Economi and Business, Hasanuddin University, Kota Makassar, Sulawesi Selatan 90245, Indonesia
- Abdul Razak Munir , Faculty of Economi and Business, Hasanuddin University, Kota Makassar, Sulawesi Selatan 90245, Indonesia
- Muhammad Sobarsyah , Faculty of Economi and Business, Hasanuddin University, Kota Makassar, Sulawesi Selatan 90245, Indonesia
- Sabbar Dahham Sabbar , Faculty of Economi and Business, Hasanuddin University, Kota Makassar, Sulawesi Selatan 90245, Indonesia
Keywords:
Zakat, Islamic human development, government support, pollution growth, industrialization, economic growth.
Abstract
Recent years have seen economic development (EG) become a global imperative requiring the focus of contemporary academics and politicians. Consequently, this study investigates the effect of Zakat, Islamic human development (IHD), and government support on the EG in Jordan. In addition to predicting the EG utilizing pollution increase and industrialization as control factors, the current study also forecasts the EG. From 1981 through 2020, secondary data were extracted from World Development Indicators (WDI), Central banks, and The Global Economy database. Additionally, the researchers utilized the Dynamic Autoregressive Distributed Lag (DARDL) technique to examine the relationship between the variables. The results demonstrated a good relationship between Zakat, IHD, government support, pollution increase, industrialization, and EG in Jordan. The report presents policymakers with recommendations for improving the EG through Zakat, IHD, and government support.