Wealth protection in the context of maqasid syariah: Malaysia’s role in realizing the concept of economic jihad

In maqasid syariah (objectives of syariah) of wealth is an important wasilah (tool) in achieving the highest objective in of Islam, i.e., the protection of the Islamic faith. Hence, Malaysia regards economic activities as important jihad in order to achieve human wellbeing. Malaysia has introduced t...

Full description

Bibliographic Details
Main Author: Mohamad Sabri Haron
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2017
Online Access:http://journalarticle.ukm.my/11333/
http://journalarticle.ukm.my/11333/1/20009-57070-1-SM.pdf
_version_ 1848812692615200768
author Mohamad Sabri Haron,
author_facet Mohamad Sabri Haron,
author_sort Mohamad Sabri Haron,
building UKM Institutional Repository
collection Online Access
description In maqasid syariah (objectives of syariah) of wealth is an important wasilah (tool) in achieving the highest objective in of Islam, i.e., the protection of the Islamic faith. Hence, Malaysia regards economic activities as important jihad in order to achieve human wellbeing. Malaysia has introduced the Islamic Banking Act 1983 which produces Bank Islam Malaysia Berhad. At the same time, conventional banking system in Malaysia has also opened a ‘window’ for Islamic banking system to operationalize in their respective banks which is at present widely expanded under the supervision of Bank Negara Malaysia. This paper attempts to explain the concept of Islamic wealth protection in the context of maqasid syariah, and discusses Malaysia‘s role in applying Islamic wealth protection according to maqasid syariah in its Muslim community, in particular, through potential Islamic finance institutions in Malaysia using economic jihad approach.
first_indexed 2025-11-15T00:06:20Z
format Article
id oai:generic.eprints.org:11333
institution Universiti Kebangasaan Malaysia
institution_category Local University
language English
last_indexed 2025-11-15T00:06:20Z
publishDate 2017
publisher Penerbit Universiti Kebangsaan Malaysia
recordtype eprints
repository_type Digital Repository
spelling oai:generic.eprints.org:113332018-02-07T12:36:48Z http://journalarticle.ukm.my/11333/ Wealth protection in the context of maqasid syariah: Malaysia’s role in realizing the concept of economic jihad Mohamad Sabri Haron, In maqasid syariah (objectives of syariah) of wealth is an important wasilah (tool) in achieving the highest objective in of Islam, i.e., the protection of the Islamic faith. Hence, Malaysia regards economic activities as important jihad in order to achieve human wellbeing. Malaysia has introduced the Islamic Banking Act 1983 which produces Bank Islam Malaysia Berhad. At the same time, conventional banking system in Malaysia has also opened a ‘window’ for Islamic banking system to operationalize in their respective banks which is at present widely expanded under the supervision of Bank Negara Malaysia. This paper attempts to explain the concept of Islamic wealth protection in the context of maqasid syariah, and discusses Malaysia‘s role in applying Islamic wealth protection according to maqasid syariah in its Muslim community, in particular, through potential Islamic finance institutions in Malaysia using economic jihad approach. Penerbit Universiti Kebangsaan Malaysia 2017 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/11333/1/20009-57070-1-SM.pdf Mohamad Sabri Haron, (2017) Wealth protection in the context of maqasid syariah: Malaysia’s role in realizing the concept of economic jihad. Jurnal Hadhari, E.khas . pp. 143-155. ISSN 1985-6830 http://ejournals.ukm.my/jhadhari/issue/view/990
spellingShingle Mohamad Sabri Haron,
Wealth protection in the context of maqasid syariah: Malaysia’s role in realizing the concept of economic jihad
title Wealth protection in the context of maqasid syariah: Malaysia’s role in realizing the concept of economic jihad
title_full Wealth protection in the context of maqasid syariah: Malaysia’s role in realizing the concept of economic jihad
title_fullStr Wealth protection in the context of maqasid syariah: Malaysia’s role in realizing the concept of economic jihad
title_full_unstemmed Wealth protection in the context of maqasid syariah: Malaysia’s role in realizing the concept of economic jihad
title_short Wealth protection in the context of maqasid syariah: Malaysia’s role in realizing the concept of economic jihad
title_sort wealth protection in the context of maqasid syariah: malaysia’s role in realizing the concept of economic jihad
url http://journalarticle.ukm.my/11333/
http://journalarticle.ukm.my/11333/
http://journalarticle.ukm.my/11333/1/20009-57070-1-SM.pdf