Juristic methods of purifying haram incomes: An analysis in the context of Islamic banks in Malaysia abstract
This study is an attempt to articulate juristic mechanisms by which Islamic banks in Malaysia can purge the unlawful incomes from their assets. Islamic bank being a modern corporate entity when dealing with people of diverse cultures and conventional business entities, at times feel the pressure of...
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| Format: | Article |
| Language: | English English English |
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International Islamic University Malaysia
2017
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| Online Access: | http://irep.iium.edu.my/60679/ http://irep.iium.edu.my/60679/1/Juristic%20Methods%20of%20Purifying%20Haram%20Incomes%20An%20Analysis%20in%20the%20Context%20of%20Islamic%20Banks%20in%20Malaysia%20%20accepted%20al-Shajarah%281%29in%20PDF.pdf http://irep.iium.edu.my/60679/2/New%20acceptance%20Dr.%20Saidatolakma.pdf http://irep.iium.edu.my/60679/12/60679_Juristic%20Methods%20of%20Purifying_Scopus.pdf |
| _version_ | 1848785532152184832 |
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| author | Mohd Yunus, Saidatolakma Haneef, Sayed Sikandar Shah Kamaruddin, Zuraidah |
| author_facet | Mohd Yunus, Saidatolakma Haneef, Sayed Sikandar Shah Kamaruddin, Zuraidah |
| author_sort | Mohd Yunus, Saidatolakma |
| building | IIUM Repository |
| collection | Online Access |
| description | This study is an attempt to articulate juristic mechanisms by which Islamic banks in Malaysia can purge the unlawful incomes from their assets. Islamic bank being a modern corporate entity when dealing with people of diverse cultures and conventional business entities, at times feel the pressure of not being able to stay away from transactions tainted with haram. Islamic banks as a matter of principle should not involve themselves in any unlawful business activities in the process of which they can procure unlawful incomes. A question of how Islamic banks in Malaysia should treat such incomes, both classical and contemporary jurists have proposed their own set of juristic methods. This study provides recommendations to the Islamic banks in order to address the importance of undertaking the purification process of haram income according to Shariah. |
| first_indexed | 2025-11-14T16:54:38Z |
| format | Article |
| id | iium-60679 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English English |
| last_indexed | 2025-11-14T16:54:38Z |
| publishDate | 2017 |
| publisher | International Islamic University Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-606792018-03-23T07:12:02Z http://irep.iium.edu.my/60679/ Juristic methods of purifying haram incomes: An analysis in the context of Islamic banks in Malaysia abstract Mohd Yunus, Saidatolakma Haneef, Sayed Sikandar Shah Kamaruddin, Zuraidah HG Finance HG1501 Banking HJ Public Finance This study is an attempt to articulate juristic mechanisms by which Islamic banks in Malaysia can purge the unlawful incomes from their assets. Islamic bank being a modern corporate entity when dealing with people of diverse cultures and conventional business entities, at times feel the pressure of not being able to stay away from transactions tainted with haram. Islamic banks as a matter of principle should not involve themselves in any unlawful business activities in the process of which they can procure unlawful incomes. A question of how Islamic banks in Malaysia should treat such incomes, both classical and contemporary jurists have proposed their own set of juristic methods. This study provides recommendations to the Islamic banks in order to address the importance of undertaking the purification process of haram income according to Shariah. International Islamic University Malaysia 2017-06-30 Article PeerReviewed application/pdf en http://irep.iium.edu.my/60679/1/Juristic%20Methods%20of%20Purifying%20Haram%20Incomes%20An%20Analysis%20in%20the%20Context%20of%20Islamic%20Banks%20in%20Malaysia%20%20accepted%20al-Shajarah%281%29in%20PDF.pdf application/pdf en http://irep.iium.edu.my/60679/2/New%20acceptance%20Dr.%20Saidatolakma.pdf application/pdf en http://irep.iium.edu.my/60679/12/60679_Juristic%20Methods%20of%20Purifying_Scopus.pdf Mohd Yunus, Saidatolakma and Haneef, Sayed Sikandar Shah and Kamaruddin, Zuraidah (2017) Juristic methods of purifying haram incomes: An analysis in the context of Islamic banks in Malaysia abstract. Al-Shajarah, 22 (2). ISSN 1394-6870 |
| spellingShingle | HG Finance HG1501 Banking HJ Public Finance Mohd Yunus, Saidatolakma Haneef, Sayed Sikandar Shah Kamaruddin, Zuraidah Juristic methods of purifying haram incomes: An analysis in the context of Islamic banks in Malaysia abstract |
| title | Juristic methods of purifying haram incomes: An analysis in the context of Islamic banks in Malaysia abstract |
| title_full | Juristic methods of purifying haram incomes: An analysis in the context of Islamic banks in Malaysia abstract |
| title_fullStr | Juristic methods of purifying haram incomes: An analysis in the context of Islamic banks in Malaysia abstract |
| title_full_unstemmed | Juristic methods of purifying haram incomes: An analysis in the context of Islamic banks in Malaysia abstract |
| title_short | Juristic methods of purifying haram incomes: An analysis in the context of Islamic banks in Malaysia abstract |
| title_sort | juristic methods of purifying haram incomes: an analysis in the context of islamic banks in malaysia abstract |
| topic | HG Finance HG1501 Banking HJ Public Finance |
| url | http://irep.iium.edu.my/60679/ http://irep.iium.edu.my/60679/1/Juristic%20Methods%20of%20Purifying%20Haram%20Incomes%20An%20Analysis%20in%20the%20Context%20of%20Islamic%20Banks%20in%20Malaysia%20%20accepted%20al-Shajarah%281%29in%20PDF.pdf http://irep.iium.edu.my/60679/2/New%20acceptance%20Dr.%20Saidatolakma.pdf http://irep.iium.edu.my/60679/12/60679_Juristic%20Methods%20of%20Purifying_Scopus.pdf |