Al-Zoubi, Haitham A.; Maghyereh, Aktham; Al-Zu'bi, Bashir; … - In: Managerial Finance 34 (2008), pp. 726-736
Purpose -The purpose of this paper is to theoretically describe the role of Zakah as a vital tool of fiscal policy in achieving Pareto optimality. Design/methodology/approach - The paper sets a general equilibrium model that describes the long-run convergence to a Pareto optimal allocation in a...