01621cas a2200241 a 4500 AALejournalIMF010042 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451960983 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Public Finance in Islam. Washington, D.C. : International Monetary Fund, 1989. 1 online resource (58 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The paper analyzes the bearing of Islamic teachings on the conduct of fiscal policy. It is shown that Islamic teachings do not prescribe any rigid system of public finance. The major emphasis is on the state's responsibility to assure at least a basic minimum standard of living for all citizens. The paper deals with issues related to evolution of fiscal policies best suited to achieve this and other Islamic socio-economic objectives in the specific framework of Islamic teachings. The implications of such a system for growth, monetary stability, resource allocation, and pattern of income distribution are also examined. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1989/068 Full text available on IMF http://elibrary.imf.org/view/journals/001/1989/068/001.1989.issue-068-en.xml IMF e-Library