Institutional Transformation of Zakat Towards a Maqashid Shariah-Based Distribution System and Econophysics Model: A Critical Conceptual Study from an Islamic Economic Perspective
DOI:
https://doi.org/10.32350/ibfr.122.04Keywords:
distribution, conophysics, Islamic economics, maqashid shariah, transformation, zakatAbstract
This article proposes a new approach in designing zakat institutions based on maqashid shariah by integrating an econophysics distribution model as a conceptual solution. Criticism of the dominance of legal-formal and consumptive approaches in zakat institutional practices underlies efforts to reconstruct a more participatory and outcome-based zakat distribution system. Through a normative-conceptual approach, this article presents a dynamic zakat distribution model based on surplus stock and wealth flow from a social physics perspective. The study also suggests strengthening zakat institutions through digitalization, hybrid governance, and the development of a maqashid index. These findings offer a significant contribution to the development of a transformative and sustainable zakat institution.
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