The Analysist Impacts of Covid-19 on Zakat
Revenue in Indonesia using an Exponential
Smoothing Model

Ria Indah Sari; Tomi Z.; Era Napra Tilopa Sihombing; Mahiroh; Rado Yendra; Arisman Adnan

doi:https://doi.org/10.14445/22315373/IJMTT-V68I5P503

International Journal of Mathematics Trends and Technology

Research Article | Open Access | Download PDF

Volume 68 | Issue 5 | Year 2022 | Article Id. IJMTT-V68I5P503 | DOI : https://doi.org/10.14445/22315373/IJMTT-V68I5P503

The Analysist Impacts of Covid-19 on Zakat Revenue in Indonesia using an Exponential Smoothing Model

Ria Indah Sari, Tomi Z., Era Napra Tilopa Sihombing, Mahiroh, Rado Yendra, Arisman Adnan

Received	Revised	Accepted	Published
12 Mar 2022	05 May 2022	19 May 2022	27 May 2022

Abstract

The Covid-19 pandemic initially occurred in Indonesia in early March 2020 and has destroyed almost all development sectors, including economic sectors. The Central Statistics Agency reports that Indonesia's economic growth figure for the first quarter of 2020 was minus 2.41% or lower than that of the fourth quarter of 2019 (before the pandemic). However, this study aims to prove that zakat revenue in Indonesia is not affected by the Covid-19 pandemic because it has increased. This analysis employed an exponential smoothing model. Holt's exponential smoothing (HES) model could reveal more actual data with smaller mean square errors (MSE) and mean absolute percentage errors (MAPE) than the simple exponential smoothing (SES) model. This study reveals that the zakat revenue has elevated during the Covid-19 pandemic.

Keywords

Zakat, Holt's winter, Exponential smoothing, Forecasting, Trend, Covid-19.

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Citation :

Ria Indah Sari, Tomi Z., Era Napra Tilopa Sihombing, Mahiroh, Rado Yendra, Arisman Adnan, "The Analysist Impacts of Covid-19 on Zakat Revenue in Indonesia using an Exponential Smoothing Model," International Journal of Mathematics Trends and Technology (IJMTT), vol. 68, no. 5, pp. 11-16, 2022. Crossref, https://doi.org/10.14445/22315373/IJMTT-V68I5P503