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Religion & Law

: Constitutionally Correct

Drawing Insights for Legal Theory and Economic Policy from Islamic Jurisprudence

By Alliance Alert

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As a theoretical matter, there are three insights that make zakat an especially relevant subject for modern legal scholars. First, zakat is an example of a modest wealth tax combined with an income tax that may be illustrative in the discourse regarding wealth taxes. Second, the jurisprudence of zakat supports the ethical conclusions of scholars who contend that property rights are attached to post rather than pre-tax income. Third, to the extent that zakat is considered a principal source of revenue for public programs, it might imply a limited role for government, focusing on equitable distribution of goods.

Full post as published by Constitutionally Correct on March 04, 2009 (boomark / email).

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