ZIS AS AN ALTERNATIVE TO INCREASE WELFARE IN SUSTAINABLE DEVELOPMENT IN INDONESIA: TROUGH EMPIRICAL STUDIES

Abstract

This study seeks to examine the impact of zakat, infaq, and sodaqoh on the improvement of the welfare of the Indonesian people. This research is explanatory research using ZIS and GDP data for 18 years from 2002 to 2019. Data was obtained from the Baznas website and the Indonesian statistical agency center using documentation techniques. Data analysis was carried out by carrying out a simple regression test using SPSS. This research demonstrates that there is no causal relationship between ZIS and the level of people's welfare, which is measured by GDP. The ZIS variable is not statistically significant at the 5% level, with a p-value of 0.116.