Employees’ shariah provident fund in Malaysia: a juristic analysis صندوق التقاعد الشرعي للعمال بماليزيا: تحليل فقهي

The purpose of this article is to analyze the experience of the Employees’ Provident Fund or EPF in the management of the Shariah Fund and the jurisprudential adaptation of its activities and investments. This article selects the EPF in Malaysia as a model for analysis as a successful financial proj...

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Main Authors: Hanafi, Khalil Husni, Sawari, Mohd Fuad, Dollah, Nafi@Hanafi
Format: Article
Language:English
Published: IIUM Press 2019
Subjects:
Online Access:http://irep.iium.edu.my/82736/
http://irep.iium.edu.my/82736/1/158-Article%20Text-216-1-10-20191220.pdf
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author Hanafi, Khalil Husni
Sawari, Mohd Fuad
Dollah, Nafi@Hanafi
author_facet Hanafi, Khalil Husni
Sawari, Mohd Fuad
Dollah, Nafi@Hanafi
author_sort Hanafi, Khalil Husni
building IIUM Repository
collection Online Access
description The purpose of this article is to analyze the experience of the Employees’ Provident Fund or EPF in the management of the Shariah Fund and the jurisprudential adaptation of its activities and investments. This article selects the EPF in Malaysia as a model for analysis as a successful financial project. This article uses both inductive and analytical approaches to achieve its objectives. Malaysia's Shariah Retirement Savings Fund for workers needs to develop Shariah-compliant investment methods to achieve the objective of investing the savings of contributing members with a good financial return so that the members’ financial assets in the fund will increase. The article reveals that the Malaysian Workers’ Provident Pension Fund was developed on the wakālah (agency) contract which matches the nature of the fund's activities with its rich, flexible and secure features.
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institution International Islamic University Malaysia
institution_category Local University
language English
last_indexed 2025-11-14T17:55:28Z
publishDate 2019
publisher IIUM Press
recordtype eprints
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spelling iium-827362020-10-07T02:00:14Z http://irep.iium.edu.my/82736/ Employees’ shariah provident fund in Malaysia: a juristic analysis صندوق التقاعد الشرعي للعمال بماليزيا: تحليل فقهي Hanafi, Khalil Husni Sawari, Mohd Fuad Dollah, Nafi@Hanafi BPH600.23 Wakalah - Contract Of Agency HG3368 Islamic Banking and Finance KBP639 Muʻāmalāt The purpose of this article is to analyze the experience of the Employees’ Provident Fund or EPF in the management of the Shariah Fund and the jurisprudential adaptation of its activities and investments. This article selects the EPF in Malaysia as a model for analysis as a successful financial project. This article uses both inductive and analytical approaches to achieve its objectives. Malaysia's Shariah Retirement Savings Fund for workers needs to develop Shariah-compliant investment methods to achieve the objective of investing the savings of contributing members with a good financial return so that the members’ financial assets in the fund will increase. The article reveals that the Malaysian Workers’ Provident Pension Fund was developed on the wakālah (agency) contract which matches the nature of the fund's activities with its rich, flexible and secure features. IIUM Press 2019-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/82736/1/158-Article%20Text-216-1-10-20191220.pdf Hanafi, Khalil Husni and Sawari, Mohd Fuad and Dollah, Nafi@Hanafi (2019) Employees’ shariah provident fund in Malaysia: a juristic analysis صندوق التقاعد الشرعي للعمال بماليزيا: تحليل فقهي. International Journal of Fiqh and Usul al-Fiqh Studies, 3 (2). pp. 91-97. E-ISSN 2600-8408 https://journals.iium.edu.my/al-fiqh/index.php/al-fiqh/article/view/158 10.31221/osf.io/fk9dx
spellingShingle BPH600.23 Wakalah - Contract Of Agency
HG3368 Islamic Banking and Finance
KBP639 Muʻāmalāt
Hanafi, Khalil Husni
Sawari, Mohd Fuad
Dollah, Nafi@Hanafi
Employees’ shariah provident fund in Malaysia: a juristic analysis صندوق التقاعد الشرعي للعمال بماليزيا: تحليل فقهي
title Employees’ shariah provident fund in Malaysia: a juristic analysis صندوق التقاعد الشرعي للعمال بماليزيا: تحليل فقهي
title_full Employees’ shariah provident fund in Malaysia: a juristic analysis صندوق التقاعد الشرعي للعمال بماليزيا: تحليل فقهي
title_fullStr Employees’ shariah provident fund in Malaysia: a juristic analysis صندوق التقاعد الشرعي للعمال بماليزيا: تحليل فقهي
title_full_unstemmed Employees’ shariah provident fund in Malaysia: a juristic analysis صندوق التقاعد الشرعي للعمال بماليزيا: تحليل فقهي
title_short Employees’ shariah provident fund in Malaysia: a juristic analysis صندوق التقاعد الشرعي للعمال بماليزيا: تحليل فقهي
title_sort employees’ shariah provident fund in malaysia: a juristic analysis صندوق التقاعد الشرعي للعمال بماليزيا: تحليل فقهي
topic BPH600.23 Wakalah - Contract Of Agency
HG3368 Islamic Banking and Finance
KBP639 Muʻāmalāt
url http://irep.iium.edu.my/82736/
http://irep.iium.edu.my/82736/
http://irep.iium.edu.my/82736/
http://irep.iium.edu.my/82736/1/158-Article%20Text-216-1-10-20191220.pdf