Document Details

Document Type : Article In Journal 
Document Title :
Tax-Farming and Resource Allocation in Past Islamic Societies
قبالة الخراج وتخصيص الموارد في المجتمعات الإسلامية الماضية
 
Subject : Articles  
Document Language : English 
Abstract : Tax-farming as practiced in Medieval Egypt, Moghul India and the Ottoman empire is considered as a means of resource allocation in an interest-free economy. Material from Turkish archives is utilized to analyze how the system worked by giving signals to the state, in the form of the bids made by the tax-farmers, as to the relative profitability of the various sectors of the economy. In making these bids, the tax-farmers were guided by the expected rates of return in the relevant sectors. Changing profit expectations caused geographical and sectoral shifts of resources. The paper places the historical discussion into perspective by making a brief review of contemporary literature on resource allocation in a modern interest-free Islamic economy. It also notes some negative aspects of the practice of tax-farming. 
ISSN : 1018-7383 
Journal Name : Islamic Economics Journal 
Volume : 1 
Issue Number : 1 
Publishing Year : 1409 AH
1989 AD 
Number Of Pages : 22 
Article Type : Article 
Added Date : Sunday, October 11, 2009 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
مراد سيزاكجاMURAT CIZAKCAResearcher  

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