An introduction to the discipline of Fiqh al-mu'amalat and economics

The aim of this paper is to provide a basic understanding of the disciplines of Mu'amalat and Economics from theoretical and practical aspects in contemporary transactions. The invention of new products in the current practice is not as easy as it might be assumed, for it requires a high level...

Full description

Bibliographic Details
Main Authors:	Muji Tahir , Hailani, Laluddin, Hayatullah
Format:	Conference or Workshop Item
Language:	English
Published:	2009
Subjects:	HB71 Economics as a science
Online Access:	http://irep.iium.edu.my/40861/ http://irep.iium.edu.my/40861/1/International_seminar_mu%27amalat_%26economics.pdf

id	iium-40861
recordtype	eprints
spelling	iium-408612015-03-09T06:27:27Z http://irep.iium.edu.my/40861/ An introduction to the discipline of Fiqh al-mu'amalat and economics Muji Tahir , Hailani Laluddin, Hayatullah HB71 Economics as a science The aim of this paper is to provide a basic understanding of the disciplines of Mu'amalat and Economics from theoretical and practical aspects in contemporary transactions. The invention of new products in the current practice is not as easy as it might be assumed, for it requires a high level of expertise. This is to make sure that these products are in line with contemporary needs and are compatible with Shari'ah rulings. Failure in this regard will jeopardize the credibility of the financial system which is based on Islam. The weakness and loopholes in management and administration due to the attitude of leadership will lead to negative perception of Islamic financial system. The success of the system is dependent on an integrated and holistic understanding rather than partial one. Clarity of vision and understanding will help those involved in the system to improve their capacity and self confidence, finally enhancing the reputation of Islamic financial institutions. This present a huge Challenge for fuqaha and economists, in establishing the system, hence, require cooperation and full commitment and strong conviction. 2009-10-20 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/40861/1/International_seminar_mu%27amalat_%26economics.pdf Muji Tahir , Hailani and Laluddin, Hayatullah (2009) An introduction to the discipline of Fiqh al-mu'amalat and economics. In: International Seminar on Mu'amalat, Islamic Economics and Finance 2009 (SMEKI'9), 20-21- October-2009, Equatorial Hotel, Bangi-Putrajaya, Selangor.
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HB71 Economics as a science
spellingShingle	HB71 Economics as a science Muji Tahir , Hailani Laluddin, Hayatullah An introduction to the discipline of Fiqh al-mu'amalat and economics
description	The aim of this paper is to provide a basic understanding of the disciplines of Mu'amalat and Economics from theoretical and practical aspects in contemporary transactions. The invention of new products in the current practice is not as easy as it might be assumed, for it requires a high level of expertise. This is to make sure that these products are in line with contemporary needs and are compatible with Shari'ah rulings. Failure in this regard will jeopardize the credibility of the financial system which is based on Islam. The weakness and loopholes in management and administration due to the attitude of leadership will lead to negative perception of Islamic financial system. The success of the system is dependent on an integrated and holistic understanding rather than partial one. Clarity of vision and understanding will help those involved in the system to improve their capacity and self confidence, finally enhancing the reputation of Islamic financial institutions. This present a huge Challenge for fuqaha and economists, in establishing the system, hence, require cooperation and full commitment and strong conviction.
format	Conference or Workshop Item
author	Muji Tahir , Hailani Laluddin, Hayatullah
author_facet	Muji Tahir , Hailani Laluddin, Hayatullah
author_sort	Muji Tahir , Hailani
title	An introduction to the discipline of Fiqh al-mu'amalat and economics
title_short	An introduction to the discipline of Fiqh al-mu'amalat and economics
title_full	An introduction to the discipline of Fiqh al-mu'amalat and economics
title_fullStr	An introduction to the discipline of Fiqh al-mu'amalat and economics
title_full_unstemmed	An introduction to the discipline of Fiqh al-mu'amalat and economics
title_sort	introduction to the discipline of fiqh al-mu'amalat and economics
publishDate	2009
url	http://irep.iium.edu.my/40861/ http://irep.iium.edu.my/40861/1/International_seminar_mu%27amalat_%26economics.pdf
first_indexed	2018-09-07T06:11:31Z
last_indexed	2018-09-07T06:11:31Z
_version_	1610928033976287232

An introduction to the discipline of Fiqh al-mu'amalat and economics

Similar Items