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Public Finance in Islam.

IMF eLibrary Available online

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Format:
Book
Government document
Author/Creator:
International Monetary Fund.
Contributor:
International Monetary Fund, Contributor.
Series:
IMF Working Papers; Working Paper ; No. 1989/068
IMF Working Papers
Language:
English
Physical Description:
1 online resource (58 pages)
Place of Publication:
Washington, D.C. : International Monetary Fund, 1989.
Language Note:
English
Summary:
The paper analyzes the bearing of Islamic teachings on the conduct of fiscal policy. It is shown that Islamic teachings do not prescribe any rigid system of public finance. The major emphasis is on the state’s responsibility to assure at least a basic minimum standard of living for all citizens. The paper deals with issues related to evolution of fiscal policies best suited to achieve this and other Islamic socio-economic objectives in the specific framework of Islamic teachings. The implications of such a system for growth, monetary stability, resource allocation, and pattern of income distribution are also examined.
Notes:
Bibliographic Level Mode of Issuance: Monograph
Description based on print version record.
ISBN:
9781455273706
1455273708
9781462332847
1462332846

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