Fiscal Policy

How does the state fiscal policy work in a no interest context? We will develop an introductory understanding of this highly complex and theoretical topic over the course of our studies.

There are currently no posts in this category.

3 Responses to “Fiscal Policy”

  1. kushibo Says:
    August 15, 2006 at 10:44 pm

    as-94783-sa

    I am Nora. I admit it.

  2. Muhammad Akram Says:
    December 12, 2006 at 12:34 am

    “How does the state fiscal policy work in a no interest context?” The question in itself is not correct because the interest is related to Monetary Policy and directly influenced by changes in Money supply though the fiscal policy can influence it indirectly.
    I islamic perspective Zakat plays a vital role for revenue generation by taxing progressively and can be subsitituted as a Direct Tax.

  3. zakariah Says:
    March 24, 2008 at 6:52 pm

    I think we should first address the question whether interest-free is the same as riba-free economy? because there’s some elements in interest rate which cannot be classified as riba, the appropriate concept to be used should be a riba-free interest economy.

Leave a Reply