An analysis on Islamic social finance for protection and preservation of Maqāṣid al-Sharī‘ah
Islamic social finance is akin to the conventional social finance but the former is subjected to the established principles of Sharī‘ah. In generating positive impacts to the society, the Islamic social finance and its instruments must be utilised in protecting and preserving the Maqāṣid al-Sharī‘ah...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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IIUM Press
2017
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| Online Access: | http://irep.iium.edu.my/61307/ http://irep.iium.edu.my/61307/1/61307_An%20analysis%20on%20Islamic%20social%20finance.pdf |
| _version_ | 1848785648057581568 |
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| author | Mohd. Zain, Nor Razinah Engku Ali, Engku Rabiah Adawiah |
| author_facet | Mohd. Zain, Nor Razinah Engku Ali, Engku Rabiah Adawiah |
| author_sort | Mohd. Zain, Nor Razinah |
| building | IIUM Repository |
| collection | Online Access |
| description | Islamic social finance is akin to the conventional social finance but the former is subjected to the established principles of Sharī‘ah. In generating positive impacts to the society, the Islamic social finance and its instruments must be utilised in protecting and preserving the Maqāṣid al-Sharī‘ah. A critical analysis on the Islamic social finance in relation to the Maqāṣid al-Sharī‘ah is provided through this research. By using the doctrinal and qualitative methods, the practices of the Islamic social finance as applied in OIC member states are reviewed and provided as examples. Problems of implementation of Islamic social finance in the OIC countries are listed; while tentative solutions are suggested with a hope of triggering better solutions. At the end of discussion, a list of recommendations for future researches is proposed for considerations. |
| first_indexed | 2025-11-14T16:56:29Z |
| format | Article |
| id | iium-61307 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T16:56:29Z |
| publishDate | 2017 |
| publisher | IIUM Press |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-613072018-12-12T03:27:29Z http://irep.iium.edu.my/61307/ An analysis on Islamic social finance for protection and preservation of Maqāṣid al-Sharī‘ah Mohd. Zain, Nor Razinah Engku Ali, Engku Rabiah Adawiah HG3368 Islamic Banking and Finance Islamic social finance is akin to the conventional social finance but the former is subjected to the established principles of Sharī‘ah. In generating positive impacts to the society, the Islamic social finance and its instruments must be utilised in protecting and preserving the Maqāṣid al-Sharī‘ah. A critical analysis on the Islamic social finance in relation to the Maqāṣid al-Sharī‘ah is provided through this research. By using the doctrinal and qualitative methods, the practices of the Islamic social finance as applied in OIC member states are reviewed and provided as examples. Problems of implementation of Islamic social finance in the OIC countries are listed; while tentative solutions are suggested with a hope of triggering better solutions. At the end of discussion, a list of recommendations for future researches is proposed for considerations. IIUM Press 2017-12-31 Article PeerReviewed application/pdf en http://irep.iium.edu.my/61307/1/61307_An%20analysis%20on%20Islamic%20social%20finance.pdf Mohd. Zain, Nor Razinah and Engku Ali, Engku Rabiah Adawiah (2017) An analysis on Islamic social finance for protection and preservation of Maqāṣid al-Sharī‘ah. Journal of Islamic Finance, 6 (Special Issue). pp. 133-141. ISSN 2289-2109 E-ISSN 2289-2117 http://journals.iium.edu.my/iiibf-journal/index.php/jif/article/view/262 |
| spellingShingle | HG3368 Islamic Banking and Finance Mohd. Zain, Nor Razinah Engku Ali, Engku Rabiah Adawiah An analysis on Islamic social finance for protection and preservation of Maqāṣid al-Sharī‘ah |
| title | An analysis on Islamic social finance for protection and preservation of Maqāṣid al-Sharī‘ah |
| title_full | An analysis on Islamic social finance for protection and preservation of Maqāṣid al-Sharī‘ah |
| title_fullStr | An analysis on Islamic social finance for protection and preservation of Maqāṣid al-Sharī‘ah |
| title_full_unstemmed | An analysis on Islamic social finance for protection and preservation of Maqāṣid al-Sharī‘ah |
| title_short | An analysis on Islamic social finance for protection and preservation of Maqāṣid al-Sharī‘ah |
| title_sort | analysis on islamic social finance for protection and preservation of maqāṣid al-sharī‘ah |
| topic | HG3368 Islamic Banking and Finance |
| url | http://irep.iium.edu.my/61307/ http://irep.iium.edu.my/61307/ http://irep.iium.edu.my/61307/1/61307_An%20analysis%20on%20Islamic%20social%20finance.pdf |