Open AccessCorrelation between Corporate Zakat, Capital Structures and Firm’s Performance: Case Study of Jakarta Islamic Index, Indonesia
Author(s) -
Ummu Salma Al Azizah,
Rito,
Muhammad Choirin
Publication year - 2018
Publication title -
international journal of zakat
Language(s) - English
Resource type - Journals
eISSN - 2548-2335
pISSN - 2541-1411
DOI - 10.37706/ijaz.v3i4.108
Subject(s) - index (typography) , capital structure , business , islam , payment , equity (law) , accounting , nonprobability sampling , debt , islamic finance , capital (architecture) , financial system , finance , population , philosophy , demography , theology , archaeology , sociology , world wide web , computer science , political science , law , history
The most important issue in corporate finance are how firms dealing with the structure of their capital and related to his performance. However, zakat payment and corporate tax will exist into the consideration of combination of debt and equity of the firms. In addition, there is an impact of capital structure on the performance of financial and non-financial firms operating in Indonesia for the period between 2013 an 2017. The data sampling taken from Jakarta Islamic Index companies, who has the report of zakat payment in their annual report.