This analysis explores Islamic fiscal policy's role in wealth distribution and social justice, emphasizing its foundations in sharia.
This paper analyzes Islamic fiscal policy as a strategic instrument for achieving the noble objectives of Sharia (Maqashid al-Shari'ah), with QS. Al-Hasyr: 7 as its primary philosophical foundation. This verse firmly asserts that the main purpose of state financial management is to prevent the concentration of wealth and to realize distributive justice. The principle of managing fai’ (assets acquired without combat) within the verse, which is specifically allocated for the public interest and vulnerable groups such as orphans, the poor, and wayfarers, serves as an ideal model for public asset management. In a modern context, this principle can be analogized to the management of state revenues from Natural Resources (SDA) and State-Owned Enterprises (SOEs). An ideal Islamic fiscal policy must prioritize spending on the fulfillment of primary needs (dharuriyyat) and broader public welfare. In Indonesia, the main challenge is to integrate this ethical framework into the existing system through ijtihad , which includes optimizing complementary instruments like ZISWAF and ensuring that State Non-Tax Revenues (PNBP) are genuinely directed towards social justice, rather than merely covering budget deficits.
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Rahman et al. (2025) studied this question.
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