TEACHING PUBLIC FINANCE IN ISLAMIC PERSPECTIVE
TEACHING PUBLIC FINANCE IN ISLAMIC PERSPECTIVE
By: MUHAMMAD NEJATULLAH SIDDIQI
I. TEACHING PUBLIC FINANCE IN ISLAMIC PERSPECTIVE 1
SECTION 1: INTRODUCTION 2
SECTION 2: GOALS AND FUNCTIONS OF AN ISLAMIC
STATE 7
SECTION 3: FISCAL FUNCTIONS 15
SECTION 4: EXPENDITURE POLICY 21
SECTION 5: SOURCES OF PUBLIC REVENUE 28
SECTION 6: TAX AND THEIR IMPACT 35
SECTION 7: ZAKAT IN A MODERN ISLAMIC STATE 46
SECTION 8: THE STABILIZATION FUNCTION 49
SECTION 9: FISCAL POLICY AND ECONOMIC
DEVELOPMENT 52
SECTION 10: ECONOMICS OF PUBLIC DEBT 56
SECTION 11: INTERNATIONAL ASPECTS OF PUBLIC
FINANCE 60
SECTION 12: CONCLUSION: PUBLIC FINANCE IN
DEVELOPING ISLAMIC COUNTRIES 62
II. VIEWS OF A CROSS SECTION OF ISLAMIC ECONOMIST 64
CHAPTER 1: NEED AND PURPOSE OF NOTES ON HOW
TO TEACH PUBLIC FINANCE IN ISLAMIC
PERSPECTIVE 65
CHAPTER 2: THEORY OF STATE 86
CHAPTER 3: FISCAL FUNCTIONS 109
CHAPTER 4: CATEGORIES OF PUBLIC FINANCE 118
CHAPTER 5: SOURCE OF PUBLIC REVENUE 119
CHAPTER 6: TAXES AND THEIR IMPACT 126
CHAPTER 7: MACROECONOMIC ANALYSIS 137
CHAPTER 8: INTERNATIONAL ASPECTS OF PUBLIC
FINANCE 144
CHAPTER 9: GENERAL REMARKS ON THE NOTES 145
NEEDS FOR REFERENCES 148