public finance final
TRANSCRIPT
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O Believers! When you deal with each other,in transactions involving future obligations
in a fixed period of time, reduced themto writing; Let a scribe write down
faithfully as between the parties;
Let not the scribe refused to
write; as God Has taughthim,so let him write.
(Al-Baqra-282)
(Al-Baqra-282)
(Al-Baqra-282)(Al-Baqra-282)
(Al-Baqra-282)(Al(Al--BaqraBaqra--282)282)
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Allahs Messenger PBUHSaid;
The heaviest thing which willbe put on the believers scale (on
the Day of Resurrection) will begood character.
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Topic :
Taxation in Islam
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Mr. Saleem Siddiqi
Presented To:-
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Presented by:-Bilal Yousaf
Sheikh Bilal Mujeeb
Farhan Ahmed
Class:- BBA 10(5)
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CONTENTS Introduction The Rationale of Taxation in Islamic Framework Traditional Sources of Revenue in Islamic State
Ushr
Kheraj Jizyah Zakah Khums Custom Duty
Islamic Principles of Taxation Ability to pay Convenience of the tax payers No injustice and Oppression Mutual Consent
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DIVISION OF WORK :
Introduction & The Rationale of Taxation in anIslamic Framework :
Bilal Yousaf
Traditional Sources of Revenue in Islamic State:
Sheikh Bilal Mujeeb
Islamic Principles of Taxation:Farhan Ahmed
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jIntroduction & TheRationale of Taxation in
an Islamic Framework
BY : Bilal Yousaf
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Introduction
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Objective of Tax Structure in Islamic State :
Propogation of Islam & Promotion of
Islamic way of life.
Hazrat Umer Bin Abad Says,
Allah sent Muhammad (peace be upon him)to invite people to Islam and He did not send
him as a tax collector.
Introduction :
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Introduction :
Hallmarks of Taxation in Islam :
Justice in Levy
Collection of Taxes Fairly
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The RationaleofTaxationIn Islamic Framework
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The Rationale of Taxation in
Islamic Framework Primary objective of an Islamic State :
Propogation of Islam & Promotion of Islamic
way of Life Allah says in Quran :
These are people who, if we give them power in the land,will established salat, pay the Zakah dues, enjoin what is
right and forbid what is evil, and the final decision of all
affairs is in the hand of Allah
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The Rationale of Taxation in
Islamic Framework
Acc. to Shah Waliullah:as the management of the affairs for the completion of
the establishment of religion (Deen) in
succession to the Prophet (Peace Be Upon Him).
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The Rationale of Taxation in
Islamic Framework Influence of Soft Tax Policies over Non-Muslims :
Ziyad Ibn Hadir Al-Asadi reports that Umar Ibn Khattab (R.A.) sent
him to Iraq and Syria for the collection of customs duty. Therehappened to pass by him a man from Banu Tahglib, belonging to Arab
Christians and he had with him a horse, which was assessed for tax
purpose at the value of twenty thousand dirhams. So Ziyad said to him,
Give me your horse and take nineteen thousand dirhams from meor keep your horse and pay me one thousand dirhams
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But he opted to pay one thousand dirhams as tax. Then the same
Taghlabite passed by him on his return during the same year and Ziyadagain asked him to pay one thousand dirhams as tax . Upon that the
Tughlabite came back to Ziyad and he had made up his mind to pay one
thousand dirhams as tax, but he found the letter of Umar (R.A.)
HAD ALREADY REACHED HIM (Ziyad). Its wording was
whoever passes by you and you have taken the tax from him, so donot take from him anything else up to the same day of the next yearexcept he brings some other commodities.
Upon this the Taghlabite said,
By Allah, I had made up my mind to pay you one thousand dirhamsas tax, now I bear Allah as witness that I quit Christianity and acceptthe religion of the person, who wrote you this letter.
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THANKS
Coming Up : Sheikh Bilal Mujeeb
Thats All From My Side
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Thats All From My Side
jTraditional Sources ofRevenue in Islamic State
BY : Sheikh Bilal Mujeeb
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Traditional Sources ofRevenue
In Islamic State
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Ushr
KherajJizyahZakah
KhumsCustom Duty
Traditional Sources of Revenue
in Islamic State
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Ushr Agriculture Land
5% Irrigated land
10% rainfed land
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Kheraj Crop Sharing basis on the land of jaws of
kyber
Land of Zimmis on acreage basis
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Jizyah Annual Lump Sum
Levied on Ahl al-Kitab (People of the book) 48 Dirham on prosperous
24 Dirham on middle class
24 Dirham on lower class Zimmis
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Zakah Wealth tax
Spent for purpose specified by Quran
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Khums 20% war booty
State Spend like Zakah process
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Custom Duty 2.5% import and export duties
5% on Zimmis
10% on Harbis
Minor sources like Kira el-Ard etc
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THANKS
Coming Up : Farhan Ahmed
Thats All From My Side
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jIslamic Principles ofTaxation
BY : Farhan Ahmed
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Islamic Principles of
Taxation
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Islamic Principles of Taxation:
Ability to pay
Convenience of the tax payersNo injustice and Oppression
Mutual Consent
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Low tax rates
Limits of taxes on land
Warning of Hazrat Umer
Ability to Pay
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Convenience of the tax payersIslam stresses that, convenience should be
the prime consideration while collecting
kheraj and other taxes
No burden on payer
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No injustice and OppressionIslam say that there should be no injustice
and oppression during the collection of
taxes
Way of Hazrat Umer
No punishment
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Mutual ConsentThe collection of tax should be done with
the consent of the payer and they should
be satisfied with the tax they pay
Satisfaction for the collectors
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CONCLUSION
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THANKS
Coming Up : Query Session
Thats All From My Side
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ANY
QUESTION
????
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Do your work regularly.
Upgrade your knowledge and skill.
Manage your time.
Honesty in dealing.
Think well, have good.
Protect your rights.
Give other rights.
Seek happiness. Right action at right time.
Control diet.
Take exercise.
Sound sleep.
Tips to Resolve Stress
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