Hiyal in Islamic finance: a recognition of genuine economic need or circumvention of Riba?

(singular of � hiyal) is an Islamic juristic term which refers to the application of acumen and ingenuity to avoid hardship in one’s commitment to Islamic rulings. It has been used as a legal device in Islamic jurisprudence to actualize a legitimate objective. Particularly, it plays a significant...

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Bibliographic Details
Main Authors: Syed, Ehsanullah Agha, Omar Mohamad, Mustafa
Format: Article
Language:English
English
Published: Emerald Group Publishing Ltd. 2017
Subjects:
Online Access:http://irep.iium.edu.my/62913/
http://irep.iium.edu.my/62913/
http://irep.iium.edu.my/62913/
http://irep.iium.edu.my/62913/1/62913_Hiyal%20in%20Islamic%20finance%20a%20recognition%20of%20genuine%20economic_article
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