The use of the majalla in Islamic finance in Malaysia: a preliminary study
The Majalla or the Majalla al-Ahkam al-Adliyyah as a codification of parts of Islamic law covers wide ranging subjects including general principles of Islamic jurisprudence and legal rules on transactions. These principles are relevant to the practice of Islamic finance. It is an interesting questi...
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| Format: | Proceeding Paper |
| Language: | English English |
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2017
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| Online Access: | http://irep.iium.edu.my/58887/ http://irep.iium.edu.my/58887/1/Mejelle_ProgramBook.pdf http://irep.iium.edu.my/58887/14/The%20Use%20of%20the%20Majalla%20in%20Islamic%20Finance.pdf |
| _version_ | 1848785201751130112 |
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| author | Shuaib, Farid Sufian |
| author_facet | Shuaib, Farid Sufian |
| author_sort | Shuaib, Farid Sufian |
| building | IIUM Repository |
| collection | Online Access |
| description | The Majalla or the Majalla al-Ahkam al-Adliyyah as a codification of parts of Islamic law covers wide ranging subjects including general principles of Islamic jurisprudence and legal rules on transactions. These principles are relevant to the practice of Islamic finance. It is an interesting question to consider the impact of this Code - that entered into force in 1877 in the Ottoman – over the present day practice of Islamic law in another part of the world, namely Malaysia. This research examines the use of the Majalla in the practice of Islamic finance in Malaysia. The research employs the method of textual analysis on the sources such as legislation and case law. Apart from that, interviews are conducted with parties involved in regulating and operating Islamic finance in Malaysia. The finding of the research shows the status of the Majalla as one of the essential references in the practice of Islamic finance. |
| first_indexed | 2025-11-14T16:49:23Z |
| format | Proceeding Paper |
| id | iium-58887 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T16:49:23Z |
| publishDate | 2017 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-588872017-10-30T09:31:39Z http://irep.iium.edu.my/58887/ The use of the majalla in Islamic finance in Malaysia: a preliminary study Shuaib, Farid Sufian K Law (General) KBP1 Islamic law.Shariah.Fiqh KBP50 History, development and application of Islamic law KPG Malaysia The Majalla or the Majalla al-Ahkam al-Adliyyah as a codification of parts of Islamic law covers wide ranging subjects including general principles of Islamic jurisprudence and legal rules on transactions. These principles are relevant to the practice of Islamic finance. It is an interesting question to consider the impact of this Code - that entered into force in 1877 in the Ottoman – over the present day practice of Islamic law in another part of the world, namely Malaysia. This research examines the use of the Majalla in the practice of Islamic finance in Malaysia. The research employs the method of textual analysis on the sources such as legislation and case law. Apart from that, interviews are conducted with parties involved in regulating and operating Islamic finance in Malaysia. The finding of the research shows the status of the Majalla as one of the essential references in the practice of Islamic finance. 2017-09-25 Proceeding Paper NonPeerReviewed application/pdf en http://irep.iium.edu.my/58887/1/Mejelle_ProgramBook.pdf application/pdf en http://irep.iium.edu.my/58887/14/The%20Use%20of%20the%20Majalla%20in%20Islamic%20Finance.pdf Shuaib, Farid Sufian (2017) The use of the majalla in Islamic finance in Malaysia: a preliminary study. In: International Symposium of the Majalla: Codification, Practice and Contemporary Effects, 25th-27th Sept. 2017, Bursa, Turkey. (Unpublished) |
| spellingShingle | K Law (General) KBP1 Islamic law.Shariah.Fiqh KBP50 History, development and application of Islamic law KPG Malaysia Shuaib, Farid Sufian The use of the majalla in Islamic finance in Malaysia: a preliminary study |
| title | The use of the majalla in Islamic finance in Malaysia: a preliminary study |
| title_full | The use of the majalla in Islamic finance in Malaysia: a preliminary study |
| title_fullStr | The use of the majalla in Islamic finance in Malaysia: a preliminary study |
| title_full_unstemmed | The use of the majalla in Islamic finance in Malaysia: a preliminary study |
| title_short | The use of the majalla in Islamic finance in Malaysia: a preliminary study |
| title_sort | use of the majalla in islamic finance in malaysia: a preliminary study |
| topic | K Law (General) KBP1 Islamic law.Shariah.Fiqh KBP50 History, development and application of Islamic law KPG Malaysia |
| url | http://irep.iium.edu.my/58887/ http://irep.iium.edu.my/58887/1/Mejelle_ProgramBook.pdf http://irep.iium.edu.my/58887/14/The%20Use%20of%20the%20Majalla%20in%20Islamic%20Finance.pdf |