Evaluation of Zakat as a Public Finance Instrument
Zakat institution has a special place both politically and financially in the history of Islam. Zakat, as worship, is located beyond as an instrument of public finance, and a distinct institution compared to tax. However, in the modern period, Muslim countries adopt zakat institution into the state...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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International Public Finance Conference/Turkey
2022-12-01
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| Series: | International Journal of Public Finance |
| Subjects: | |
| Online Access: | https://dergipark.org.tr/tr/download/article-file/2317316 |
| _version_ | 1797912691464994816 |
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| author | Ömer Bayraktar Harun Sencal |
| author_facet | Ömer Bayraktar Harun Sencal |
| author_sort | Ömer Bayraktar |
| collection | DOAJ |
| description | Zakat institution has a special place both politically and financially in the history of Islam. Zakat, as worship, is located beyond as an instrument of public finance, and a distinct institution compared to tax. However, in the modern period, Muslim countries adopt zakat institution into the state bureaucracy as a public finance tool through centralizing the zakat institution and governing it via state apparatus. In this study, we critically explore the role of zakat as a public finance tool and examine how it is implemented in two Muslim nation-states, namely Malaysia and Indonesia. Although these nation-states might aim to fulfill political and financial goals through integration of zakat institution into the state bureaucracy, it is argued that zakat worship should be practiced as a strong bond in society’s dynamics, and its centralization by the sovereign authority leads to the diminishing of such bond and increase the dependence of citizens on the state. |
| first_indexed | 2024-04-10T11:59:57Z |
| format | Article |
| id | doaj.art-11f16a2a97fb4eec86d136e641b3177a |
| institution | Directory Open Access Journal |
| issn | 2548-0499 |
| language | English |
| last_indexed | 2024-04-10T11:59:57Z |
| publishDate | 2022-12-01 |
| publisher | International Public Finance Conference/Turkey |
| record_format | Article |
| series | International Journal of Public Finance |
| spelling | doaj.art-11f16a2a97fb4eec86d136e641b3177a2023-02-15T16:16:38ZengInternational Public Finance Conference/TurkeyInternational Journal of Public Finance2548-04992022-12-017242944610.30927/ijpf.10896801042Evaluation of Zakat as a Public Finance InstrumentÖmer Bayraktar0Harun Sencal1ISTANBUL 29 MAYIS UNIVERSITYİSTANBUL 29 MAYIS ÜNİVERSİTESİZakat institution has a special place both politically and financially in the history of Islam. Zakat, as worship, is located beyond as an instrument of public finance, and a distinct institution compared to tax. However, in the modern period, Muslim countries adopt zakat institution into the state bureaucracy as a public finance tool through centralizing the zakat institution and governing it via state apparatus. In this study, we critically explore the role of zakat as a public finance tool and examine how it is implemented in two Muslim nation-states, namely Malaysia and Indonesia. Although these nation-states might aim to fulfill political and financial goals through integration of zakat institution into the state bureaucracy, it is argued that zakat worship should be practiced as a strong bond in society’s dynamics, and its centralization by the sovereign authority leads to the diminishing of such bond and increase the dependence of citizens on the state.https://dergipark.org.tr/tr/download/article-file/2317316public financezakattaxnation-statemalaysiaindonesiakamu maliyesizekâtvergiulus-devletmalezyaendonezya |
| spellingShingle | Ömer Bayraktar Harun Sencal Evaluation of Zakat as a Public Finance Instrument International Journal of Public Finance public finance zakat tax nation-state malaysia indonesia kamu maliyesi zekât vergi ulus-devlet malezya endonezya |
| title | Evaluation of Zakat as a Public Finance Instrument |
| title_full | Evaluation of Zakat as a Public Finance Instrument |
| title_fullStr | Evaluation of Zakat as a Public Finance Instrument |
| title_full_unstemmed | Evaluation of Zakat as a Public Finance Instrument |
| title_short | Evaluation of Zakat as a Public Finance Instrument |
| title_sort | evaluation of zakat as a public finance instrument |
| topic | public finance zakat tax nation-state malaysia indonesia kamu maliyesi zekât vergi ulus-devlet malezya endonezya |
| url | https://dergipark.org.tr/tr/download/article-file/2317316 |
| work_keys_str_mv | AT omerbayraktar evaluationofzakatasapublicfinanceinstrument AT harunsencal evaluationofzakatasapublicfinanceinstrument |