Zona Law And Public Administration Indonesia
Vol. 4 No. 1 (2026): January 2026

Allocation and Distribution in Islamic Economics the Role of Islamic Monetary and Fiscal Policy in Realizing Economic Justice

Ahmad Ridwansah, Asep (Unknown)
Al-Hakim, Sofian (Unknown)
Janwari , Yadi (Unknown)



Article Info

Publish Date
23 Dec 2025

Abstract

This study aims to analyze the role of Islamic monetary and fiscal policy in optimizing resource allocation and wealth distribution to realize economic justice within the Islamic economic system. The method used is a literature study with a qualitative approach and descriptive analysis of Islamic monetary instruments (such as Shariah-compliant fiat money, sukuk, and profit-sharing-based financing) as well as Islamic fiscal instruments (primarily zakat, infaq, sadaqah, waqf, and sharia-compliant taxes). The results indicate that integrated Islamic monetary and fiscal policies can reduce economic disparities through productive allocation mechanisms and equitable distribution, in accordance with maqashid shariah. Further discussion outlines the implementation challenges and development opportunities for such policies in Indonesia. The implication of this research is the importance of synergy between monetary and fiscal authorities in designing policies that are not only stable, but also inclusive and equitable.

Copyrights © 2026






Journal Info

Abbrev

ZLPAI

Publisher

Subject

Religion Humanities Law, Crime, Criminology & Criminal Justice Social Sciences

Description

Zona Law And Public Administration Indonesia focus is to publish manuscripts of study results, and specific conceptual ideas in the field of Law and Public Administration. Submitted articles may cover topical issues in Criminal Law, Civil Law, International Law, Islamic Law, Islamic Economic Law, ...