Economy
The Economic Effects of the İltizam System
724FinanceRüzgar Ersoy

The iltizam system, one of the economic systems tried by the Ottoman Empire, was a method of tax collection. This system, which involved the transfer of state-owned lands to individuals for a certain fee, initially provided ease of tax collection for the state. However, over time, it began to deteriorate and reduce state revenues.
Benefits and Drawbacks of the İltizam System, the iltizam system was beneficial for the state in certain periods. However, it also had its drawbacks. The system was widely used in the Ottoman Empire.
Implementation of the İltizam System, the iltizam system yielded good results in the periods it was implemented. However, these positive outcomes gradually took on a different dimension. As the system slowly began to deteriorate, it became harmful.
Markets are highly sensitive to this situation and occupy an important place in the economy. The deterioration of the iltizam system reduced state revenues and had a negative impact on the economy.