Abstract
The Islamic state has certain rules for taxes to generate income,which need to be followed within Islamic premises. In Islam, Kharāj is a type of individual Islamic tax on agricultural land and its product.At that time, kharaj was synonymous with jizyah, which later emerged as a per head tax paid by the dhimmis with complete ownership of all resources. Khums means "one-fifth or 20%".In Islamic legal terminology, it means one-fifth of certain items that a person acquires as wealth must be paid to the Islamic State. This study is focused on the financial system of an Islamic state, its taxation and revenues.
