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Islamic Law and Society in Indonesia - Corporate Zakat Norms and Practices in Islamic Banks (Hardcover)
Loot Price: R4,221
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Islamic Law and Society in Indonesia - Corporate Zakat Norms and Practices in Islamic Banks (Hardcover)
Series: Routledge Series on Islam and Muslim Societies in Indonesia
Expected to ship within 10 - 15 working days
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No corporation is enthusiastic about paying tax, yet Islamic banks
in Indonesia voluntarily pay corporate zakat. Why? The book
analyzes corporate zakat norms and practices in Indonesia by
investigating how Muslim jurists have interpreted shari'a of zakat
and how these have been imposed through the legislative and
regulatory framework. It also presents original case studies based
on sociolegal field research on the reception of the new
obligations in the Islamic banks that choose to pay - and choose
not to pay - what is effectively a new tax. The book argues that
the dynamics of shari'a interpretation, imposition, and compliance
in Indonesia are too complex to be defined using the binaries of
the religious versus the secular, public versus private, or
tradition versus modernity. The corporate zakat context has
revitalized the existing governance strategy in Islamic legal
tradition and created a shared Islamic law vision between Islam and
the state. Consequently, this fusion generates a mixed legal and
religious consciousness toward corporate zakat. Addressing broader
discussions on Islamic law and modernity, the book will be of
interest to academics working on Asian and Comparative Law,
sociolegal studies, anthropology of Indonesia, business studies of
the Islamic world, Islamic/shari'a economics, Islamic law and
politics, Islamic legal studies, Muslim society and Islam in
Southeast Asia.
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