Economic benefits of zakat
Zakat has a huge positive economic effect on the society. It helps solving poor and needy problems. It plays a significant role in wealth and resources redistribution and encourages better productivity.
Economic benefits of zakat
1-It plays a very important role in the redistribution of wealth and income.
2-It goes a long way in solving the problems of the poor and the needy.
3-It is instrumental in the redistribution of resources among the different areas of investment and consumption.
4-It encourages better productivity and greater consumption.