Introduction

Solikin Juhro, Ferry Syarifuddin and Ali Sakti
Additional contact information
Ferry Syarifuddin: Bank Indonesia
Ali Sakti: Bank Indonesia

Chapter Chapter 1 in Inclusive Welfare, 2025, pp 1-25 from Springer

Abstract: Abstract This chapter is an introductory part of the book. It provides general elaboration of welfare from an Islamic perspective, based on the principles of maqasid syariah. It covers the philosophical foundation of the Islamic financial system and expands beyond financial and economic aspects merely to maximise profit. It elaborates the integration of public and social finance towards welfare, stressing upon the role of the social sector, beyond the private sector and public sector, through the utilisation of instruments such as infaq, sadaqah, and waqf. It also explores the support of the monetary sector to ensure the equitable distribution of income through Islamic social-public finance, showing that the role of government, the monetary authority, or central bank, in particular, is vital in this case. Broad policy synergy, encompassing Islamic social-public finance and monetary economics, is essential to achieve the desired goals of quality and inclusive welfare.

Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-96-0051-9_1

Ordering information: This item can be ordered from
http://www.springer.com/9789819600519

DOI: 10.1007/978-981-96-0051-9_1

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().