The Impact of Khums on Consumption and Investment: an Implication of Kaldor Model

• Main Authors: Fathollah Tari, Somayeh Jafari
• Format: Article
• Language: fas
• Published: Allameh Tabataba'i University Press 2014-01-01
• Series: Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī
• Subjects: Khums; Consumption; investment; Islamic Economics
• Online Access: http://joer.atu.ac.ir/article_925_3c2c296b85d1f38cb066b75a5364f15b.pdf

Every community produces goods and provides services, and distributes these products and services for end-use based on an instruction or certain order. This performance for many reasons varies from one society to another. The current research studies the impact of Khums on consumption and investment based on approach of Kaldor model. The proposed model assumes that the economy is managed by the private sector, and our target population is Islamic community. In this community, the Islamic Republic also has been established in a manner that in this kind of economy, the interest rate has been abrogated, and all economy activities based on Mudaraba or Musharaka. On the other hand, the majority of consumers in the Islamic society were affected by Islamic instruction, and they fulfil their religious duty, and pay the Khoums. The Islamic government is trustees of collecting and distributing Khums. The results have shown that it is possible to achieve steady growth in Islamic Economics, and the existence of Khoums is not a barrier to consistent growth status.