Tag Archives: Fiscal Policy

Issues in the Implementation of Ushr in Pakistan

Syed Hassaan Ali Ushr is the financial obligation levied at the rate of 10% on agricultural output in Islam. There are several hurdles and issues which are hampering its successful implementation in Pakistan. This article attempts to discuss those issues … Continue reading

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A Brief Note on Automatic Stabilizers in Islamic Economic Framework

Salman Ahmed Shaikh Non-discretionary fiscal policy with automatic stabilizers can help in stabilizing the business cycles. Below, we discuss how the institution of Zakat can act as automatic stabilizer in an Islamic economic framework. Institution of Zakat as Automatic Stabilizer … Continue reading

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