Shari’ah principles of preventing financial crisis in Islamic finance
The study looks into the potential Shari’ah principles and ethics as measures to preventing financial crisis in Islamic finance. Library research method adopted to gather information related to the Islamic principles preventing financial crisis in Islamic finance. Islamic ethics and Shari’ah princip...
| Main Authors: | , , |
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| Format: | Proceeding Paper |
| Language: | English English |
| Published: |
2018
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/71692/ http://irep.iium.edu.my/71692/2/71692%20schedule.pdf http://irep.iium.edu.my/71692/3/71692%20%20SHARI%E2%80%99AH%20PRINCIPLES%20OF%20PREVENTING%20FINANCIAL%20CRISIS.pdf |
| _version_ | 1848787494235013120 |
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| author | Adam Sa'ad, Auwal Hj Ibrahim, Badruddin Abdul Kadir Malim, Nurhafiza |
| author_facet | Adam Sa'ad, Auwal Hj Ibrahim, Badruddin Abdul Kadir Malim, Nurhafiza |
| author_sort | Adam Sa'ad, Auwal |
| building | IIUM Repository |
| collection | Online Access |
| description | The study looks into the potential Shari’ah principles and ethics as measures to preventing financial crisis in Islamic finance. Library research method adopted to gather information related to the Islamic principles preventing financial crisis in Islamic finance. Islamic ethics and Shari’ah principles are vital to preventing financial crisis in Islamic finance. Shari’ah promotes trustworthiness, God-fearing and general ethics while doing business in an Islamic marketplace. The system encourages market observation and surveillance to ensure a strict adherence to the Islamic ethics and trustworthiness. Islamic financial system prohibits interest taking, gambling, sale of debt for debt. This has prevented the Islamic financial market atmosphere from deceptive activities that actually cause mistrust and panic which lead to a financial crisis. Islamic business ethics and the Shari’ah principles are the twin factors which can sustain the investor confidence within the Islamic financial institutions. |
| first_indexed | 2025-11-14T17:25:49Z |
| format | Proceeding Paper |
| id | iium-71692 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T17:25:49Z |
| publishDate | 2018 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-716922024-12-23T09:08:43Z http://irep.iium.edu.my/71692/ Shari’ah principles of preventing financial crisis in Islamic finance Adam Sa'ad, Auwal Hj Ibrahim, Badruddin Abdul Kadir Malim, Nurhafiza BP190.5 Islamization of Knowledge HG3368 Islamic Banking and Finance The study looks into the potential Shari’ah principles and ethics as measures to preventing financial crisis in Islamic finance. Library research method adopted to gather information related to the Islamic principles preventing financial crisis in Islamic finance. Islamic ethics and Shari’ah principles are vital to preventing financial crisis in Islamic finance. Shari’ah promotes trustworthiness, God-fearing and general ethics while doing business in an Islamic marketplace. The system encourages market observation and surveillance to ensure a strict adherence to the Islamic ethics and trustworthiness. Islamic financial system prohibits interest taking, gambling, sale of debt for debt. This has prevented the Islamic financial market atmosphere from deceptive activities that actually cause mistrust and panic which lead to a financial crisis. Islamic business ethics and the Shari’ah principles are the twin factors which can sustain the investor confidence within the Islamic financial institutions. 2018 Proceeding Paper NonPeerReviewed application/pdf en http://irep.iium.edu.my/71692/2/71692%20schedule.pdf application/pdf en http://irep.iium.edu.my/71692/3/71692%20%20SHARI%E2%80%99AH%20PRINCIPLES%20OF%20PREVENTING%20FINANCIAL%20CRISIS.pdf Adam Sa'ad, Auwal and Hj Ibrahim, Badruddin and Abdul Kadir Malim, Nurhafiza (2018) Shari’ah principles of preventing financial crisis in Islamic finance. In: 6th Global Waqf Conference 2018, 19th -22nd November, Bangkok, Thailand. |
| spellingShingle | BP190.5 Islamization of Knowledge HG3368 Islamic Banking and Finance Adam Sa'ad, Auwal Hj Ibrahim, Badruddin Abdul Kadir Malim, Nurhafiza Shari’ah principles of preventing financial crisis in Islamic finance |
| title | Shari’ah principles of preventing financial crisis in Islamic finance |
| title_full | Shari’ah principles of preventing financial crisis in Islamic finance |
| title_fullStr | Shari’ah principles of preventing financial crisis in Islamic finance |
| title_full_unstemmed | Shari’ah principles of preventing financial crisis in Islamic finance |
| title_short | Shari’ah principles of preventing financial crisis in Islamic finance |
| title_sort | shari’ah principles of preventing financial crisis in islamic finance |
| topic | BP190.5 Islamization of Knowledge HG3368 Islamic Banking and Finance |
| url | http://irep.iium.edu.my/71692/ http://irep.iium.edu.my/71692/2/71692%20schedule.pdf http://irep.iium.edu.my/71692/3/71692%20%20SHARI%E2%80%99AH%20PRINCIPLES%20OF%20PREVENTING%20FINANCIAL%20CRISIS.pdf |