The Correlation Between ZIS Fund and Poverty Alleviation in Banten (Study From BAZNAS At Municipal Level)

Abstract

Behind the great economic development of Banten Province, there are imbalances in development between regions and inequality in economic activities. This study aims to analyze the correlation between Zakat, Infaq, and Shadaqah (ZIS) fund and poverty rates in Banten from 2019 to 2021. ZIS Fund gather from Baznas collection and distribution at municipal level. The correlation analyze using Spearman Rank Correlation using panel data which gather from central bureau statistic at each municipal levels. The result of the study show that there are correlation between zakat fund dan poverty alleviation but they are not significant. Zakat fund and poverty alleviation have a negative relationship suggest that the raise of Zakat fund could reduce poverty. Meanwhile, the number of zakat is still low compare to economic size of Banten Province. The Pandemic of covid-19 might be contributed to reduce zakat collection in Banten. However, further research could consider other zakat institution to give a comprehensive analysis of the correlation between ZIS fund and poverty alleviation.