Document Details

Document Type : Article In Journal 
Document Title :
The Concept of Public Expenditure in a Modern Islamic State
مفهوم الإنفاق العام في دولة إسلامية حديثة
 
Subject : Articles and Notes 
Document Language : Arabic 
Abstract : Public expenditure reflects the objectives of Islamic state. Among these the most important in economic matters are three: guarantee of a minimum living standard for every individual, reducing inequalities, and comprehensive development. Several other subsidiary objectives can be derived from the above e.g. full employment and stability. Public expenditure in an Islamic state can be classified according to the Shari'ah basis of the relevant functions. Firstly there are functions specified by texts of Qur'an and Sunnah, so the related expenditures will always be there e.g. law and order, communicating the message of Allah and needful fulfilment. Second are functions derived from Shari'ah texts through analogical reasoning, etc (especially those involving collective duties (fard Kifaya). These differ from time to time. Examples of the ones implied today are: preservation of the ecology and capital formation. Lastly there are functions assigned to state by the people through a consultative process (Shura). The paper also discusses equitable distribution, the benefits of public expenditure and the possible negative effects of these expenditures on incentives to work and incentive to save, and how the problem can be handled in Islamic framework. 
ISSN : 1018-7383 
Journal Name : Islamic Economics Journal 
Volume : 5 
Issue Number : 1 
Publishing Year : 1413 AH
1993 AD 
Number Of Pages : 33 
Article Type : Article 
Added Date : Sunday, October 11, 2009 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
محمد نجاة الله صديقيMUHAMMAD NEJATULLAH SIDDIQIResearcher  

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