Universitas Indonesia Conferences, International Accounting Conference - 2017

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The Prophet’s Public Budget and its Relevancy to Indonesian Context
Dodik Siswantoro

Last modified: 2017-07-06

Abstract


The paper seeks to analyze the relevancy of Prophet Muhammad PBUH’s type of governmental budget to Indonesian current context whereby Muslim constitutes the biggest population. At the early stage of development, Islam grew and spread rapidly after the Prophet moved to Medina from Mecca. At that time, the spread of Islam was indirectly supported by budget. It only took 10 years from scratch for a prophet to battle with the Roman emporium. The research method of this paper is a qualitative with post-positive paradigm. Data is collected from secondary source and discussion of specific issues in news media. The results show that some such components of public budget as ghanima (war booty), fai (booty), and jizya (non-Muslim tithe) need to be modified to Indonesian context. However, other countries have applied ghanima and fai in different ways. Meanwhile, such other practices as zakat (tithe) and sadaqa(charity) are still relevant to support Indonesian economic development.


Keywords


Prophet, public, budget, zakat, Indonesia

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