Welfare Transformation through Islamic Economics: A Holistic Approach to Wealth Distribution and Social Inclusion

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Discussion

Systematic literature review highlights zakat and waqf's role in reducing poverty and inequality.

Zakat, when supported by strong institutions, effectively reduces poverty and inequality, aiding social inclusion.
The analysis of 22 articles reveals cash waqf and waqf-based investments bolster sustainable financing for key sectors.
Variations in effectiveness of economic instruments stem from differences in governance and contextual factors.
Islamic economics provides a comprehensive framework for promoting sustainable welfare transformation and inclusive growth.

Marlina Ekawaty (2025) studied this question.

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