Zakat (Alms) and Taxation and Its Role in Increasing State Revenues in the Current Financial Crisis

Abstract

This research deals with the scientific aspects of zakat (Alms) and taxation and its role in increasing state revenues. It also aims to answer the following questions: ( Do collecting Zakat reduce state revenues from taxes?. Can the Zakat reduce the ratio of public spending in the state budget and increase its revenue? ).The researcher adopted the descriptive analytical procedures to present the aspects that serve the studyThe most important findings and recommendations are: The need to conduct extensive studies on the financial system in Islam in particular the Zakat as important and effective financial, social and economical tool that deserves attention.