Proceedings of the 6th International Accounting Conference (IAC 2017)

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

Authors
Dodik Siswantoro
Corresponding Author
Dodik Siswantoro
Available Online August 2017.
DOI
https://doi.org/10.2991/iac-17.2018.43How to use a DOI?
Keywords
Prophet; Public; Budget; Zakat; Indonesia
Abstract

This research seeks to analyze the relevance of Prophet Muhammad’s (peace be upon him) (PBUH) type of governmental budget in the current Indonesian context, in which Muslims constitute the biggest population. In its 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 a budget. It only took ten years from scratch for the Prophet to reach the stage of doing battle with the Roman Empire. The research method used in this paper is a qualitative method with a postpositive paradigm. The data was collected from secondary sources and discussions of specific issues in news media. The results showed that some components of the public budget, such as ghanima (war booty), fai (booty), and jizya (non-Muslim tithe), need to be modified to be relevant to the current Indonesian context. Other countries have applied ghanima and fai in different ways. However, such other practices as zakat (tithe) and sadaqa (charity) are still relevant to supporting Indonesian economic development.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 6th International Accounting Conference (IAC 2017)
Series
Advances in Economics, Business and Management Research
Publication Date
August 2017
ISBN
978-94-6252-519-1
ISSN
2352-5428
DOI
https://doi.org/10.2991/iac-17.2018.43How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Dodik Siswantoro
PY  - 2017/08
DA  - 2017/08
TI  - The Prophet’s Public Budget and its Relevancy to the Indonesian Context
BT  - Proceedings of the 6th International Accounting Conference (IAC 2017)
PB  - Atlantis Press
SP  - 242
EP  - 247
SN  - 2352-5428
UR  - https://doi.org/10.2991/iac-17.2018.43
DO  - https://doi.org/10.2991/iac-17.2018.43
ID  - Siswantoro2017/08
ER  -