Vol. 4 No. 09 (2024): Volume 04 Issue 09

This study explores the authority of the Aceh government in managing zakat (Islamic almsgiving) as a source of local revenue generation. As the only province in Indonesia with special autonomy to implement Islamic law, Aceh holds a unique position in managing zakat, not only as a religious obligation but also as a potential financial resource for local development. This research examines the legal framework governing zakat management in Aceh, the role of governmental and non-governmental institutions in zakat collection and distribution, and the impact of zakat on local revenue. Through a combination of legal analysis, policy review, and interviews with key stakeholders, the study identifies the strengths and challenges associated with zakat management in Aceh. The findings reveal that, while the Aceh government has made significant strides in formalizing zakat as a source of local revenue, there remain gaps in institutional capacity, public awareness, and transparency that hinder its full potential. The study concludes with recommendations for enhancing the governance of zakat to maximize its role in local revenue generation and socio-economic development in Aceh.

This study examines the economic dimensions of Jordan's privatization policy, focusing on its impacts on economic growth, efficiency, and public sector development. Privatization has been a key component of Jordan’s economic reform agenda, aimed at reducing government involvement in commercial activities and enhancing the role of the private sector. Through a mixed-methods approach, combining quantitative data analysis with qualitative insights from policy experts and stakeholders, this research assesses the outcomes of privatization initiatives implemented since the 1990s. The findings reveal that while privatization has contributed to increased foreign investment and improved performance in some sectors, it has also led to challenges such as social inequality, unemployment, and regulatory gaps. The study highlights the need for a balanced approach to privatization, one that aligns with broader economic and social objectives. It concludes with policy recommendations to optimize the benefits of privatization while mitigating its adverse effects on vulnerable populations.