Course Islamic Public Finance

This course explores the intricacies of Public Finance within an Islamic context, emphasizing the economic roles and responsibilities of the state and the private sector under Islamic law. Students will delve into the philosophical underpinnings and definitions of Islamic economics, the scope and functions of public finance in Islam, and the pivotal roles of fiscal instruments like Zakat. The curriculum is designed to foster a deep understanding of how Islamic financial instruments can be integrated to manage public funds effectively, ensuring compliance with Shariah principles. Learning Materials: - Philosophical and operational frameworks of Islamic Economics. - Roles and functions of different sectors under Islamic financial systems. - Historical and contemporary perspectives on Islamic public finance. - Fiscal instruments in Islam, including Zakat, Kharaj, Jizyah, and more modern tools like Ushr and Mustaghlah. - Case studies on the impact of these instruments on social and economic aspects. Teaching Methods: Interactive lectures employing Contextual Teaching and Learning (CTL) and Case-Based Learning (CBL) approaches will be used to encourage practical understanding and application of concepts. Active student participation in discussions and case analyzes will be crucial. Connection with Course Learning Outcomes (CLO): - CLO1: Students will demonstrate responsibility in individual and organizational roles. - CLO3: Mastery of comprehensive Islamic finance theories. - CLO8: Effective independent and collaborative work. - CLO9: Practical application of Islamic finance knowledge in solving broad economic issues. This course directly supports these outcomes by providing students with the knowledge and practical skills needed to understand and manage public financial systems in accordance with Islamic principles, preparing them for professional roles in the Islamic economic sector.

Program Objectives (PO)