PUBLIC FINANCIAL MANAGEMENT FROM THE PERSPECTIVE OF THE QURAN: AN ANALYSIS OF RELEVANT INTERPRETATIONS AND THEIR IMPLICATIONS FOR INDONESIA'S FINANCIAL SYSTEM
DOI:
https://doi.org/10.53840/ijiefer197Keywords:
Public Financial Management, Quran, Justice, Trust, Transparency, Accountability.Abstract
This study aims to define the concept of public financial management from the perspective of the Quran by analysing Quranic verses related to public financial management and to assess the implications of these concepts on Indonesia's financial system. The research utilizes a qualitative method incorporating a thematic interpretation approach and descriptive analysis. The findings indicate that sustainable and effective public financial management can be achieved by integrating the principles of justice, trust (amānah), transparency, and accountability, as derived from the Quran. Applying these principles in Indonesia, which continues to face challenges such as socio-economic inequality and corruption, will provide a strong moral and ethical foundation for public financial governance. These principles will enhance public financial governance and prevent the misuse of funds, resulting in a more equitable, accountable, and sustainable public financial system.
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