Islamic Social-Public Finance Practices in Various Countries

Solikin Juhro, Ferry Syarifuddin and Ali Sakti
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Ferry Syarifuddin: Bank Indonesia
Ali Sakti: Bank Indonesia

Chapter Chapter 7 in Inclusive Welfare, 2025, pp 219-250 from Springer

Abstract: Abstract This chapter discusses in greater detail the practices and impact of Islamic social-public finance in several regions of Indonesia, thus enriching the readers’ knowledge concerning the advantages of the zakat absorption and distribution system along with other social funds that could be adopted in other regions. In addition, how Islamic social-public finance can be applied in practice globally and in Indonesia is also explored in detail, starting with a broad outline of the motivation behind the emergence of Islamic social-public finance in the modern era, along with the roles and application in several countries. The discussion moves on to explain institutional aspects, services, existing regulations and laws, and the infrastructure available to achieve success in this sector in Indonesia.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-96-0051-9_7

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DOI: 10.1007/978-981-96-0051-9_7

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