Revisiting the usage of Islamic credit card in the light of Maqasid Shariah / Ammar Fadzil Shuhaimi

The Islamic financial institution in Malaysia has been developed since 48 years which is started from 1970. The existence of various instruments that has many benefits and facilities in Islamic financial system has made the Islamic products competitive with the conventional products. One of the prod...

Full description

Bibliographic Details
Main Author: Shuhaimi, Ammar Fadzil
Format: Student Project
Language:English
Published: Universiti Teknologi MARA, Selangor, Puncak Alam Campus 2018
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/23318/
_version_ 1848805721081118720
author Shuhaimi, Ammar Fadzil
author_facet Shuhaimi, Ammar Fadzil
author_sort Shuhaimi, Ammar Fadzil
building UiTM Institutional Repository
collection Online Access
description The Islamic financial institution in Malaysia has been developed since 48 years which is started from 1970. The existence of various instruments that has many benefits and facilities in Islamic financial system has made the Islamic products competitive with the conventional products. One of the products that attract people to Islamic financial institution is the credit card that is based on Islamic principles. However, nowadays the usage of Islamic credit card seems to bring disadvantage to the youth which they use the credit card not accordance to Maqasid Syariah. So, the preservation of five basis of Maqasid Syariah is not achieved is this current situation. This study aims to evaluate the usage of Islamic credit card in perspective of Maqasid Syariah especially in protecting the wealth and also explain the usage of Islamic credit card which focuses on preservation of religion, life, intellect, lineage and property. Therefore, this research is done by interviewing Mr. Mahyuddin Khalid that involves in using Islamic credit card in Bank Islam Malaysia Berhad (BIMB). The findings from this study is the current Islamic credit card is not in line with the framework of Maqasid Syariah due to individual’s behavior and also few problems faced by Islamic financial institution in Malaysia for example, Bank Islam Malaysia Berhad (BIMB) which is one of the institution that provides Islamic credit card.
first_indexed 2025-11-14T22:15:32Z
format Student Project
id uitm-23318
institution Universiti Teknologi MARA
institution_category Local University
language English
last_indexed 2025-11-14T22:15:32Z
publishDate 2018
publisher Universiti Teknologi MARA, Selangor, Puncak Alam Campus
recordtype eprints
repository_type Digital Repository
spelling uitm-233182019-02-28T09:53:05Z https://ir.uitm.edu.my/id/eprint/23318/ Revisiting the usage of Islamic credit card in the light of Maqasid Shariah / Ammar Fadzil Shuhaimi Shuhaimi, Ammar Fadzil Banking Automated tellers. Debit cards Finance, Islamic The Islamic financial institution in Malaysia has been developed since 48 years which is started from 1970. The existence of various instruments that has many benefits and facilities in Islamic financial system has made the Islamic products competitive with the conventional products. One of the products that attract people to Islamic financial institution is the credit card that is based on Islamic principles. However, nowadays the usage of Islamic credit card seems to bring disadvantage to the youth which they use the credit card not accordance to Maqasid Syariah. So, the preservation of five basis of Maqasid Syariah is not achieved is this current situation. This study aims to evaluate the usage of Islamic credit card in perspective of Maqasid Syariah especially in protecting the wealth and also explain the usage of Islamic credit card which focuses on preservation of religion, life, intellect, lineage and property. Therefore, this research is done by interviewing Mr. Mahyuddin Khalid that involves in using Islamic credit card in Bank Islam Malaysia Berhad (BIMB). The findings from this study is the current Islamic credit card is not in line with the framework of Maqasid Syariah due to individual’s behavior and also few problems faced by Islamic financial institution in Malaysia for example, Bank Islam Malaysia Berhad (BIMB) which is one of the institution that provides Islamic credit card. Universiti Teknologi MARA, Selangor, Puncak Alam Campus 2018 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/23318/1/PPb_AMMAR%20FADZIL%20SHUHAIMI%20ACI%20B%2018_5.pdf Shuhaimi, Ammar Fadzil (2018) Revisiting the usage of Islamic credit card in the light of Maqasid Shariah / Ammar Fadzil Shuhaimi. (2018) [Student Project] <http://terminalib.uitm.edu.my/23318.pdf> (Unpublished)
spellingShingle Banking
Automated tellers. Debit cards
Finance, Islamic
Shuhaimi, Ammar Fadzil
Revisiting the usage of Islamic credit card in the light of Maqasid Shariah / Ammar Fadzil Shuhaimi
title Revisiting the usage of Islamic credit card in the light of Maqasid Shariah / Ammar Fadzil Shuhaimi
title_full Revisiting the usage of Islamic credit card in the light of Maqasid Shariah / Ammar Fadzil Shuhaimi
title_fullStr Revisiting the usage of Islamic credit card in the light of Maqasid Shariah / Ammar Fadzil Shuhaimi
title_full_unstemmed Revisiting the usage of Islamic credit card in the light of Maqasid Shariah / Ammar Fadzil Shuhaimi
title_short Revisiting the usage of Islamic credit card in the light of Maqasid Shariah / Ammar Fadzil Shuhaimi
title_sort revisiting the usage of islamic credit card in the light of maqasid shariah / ammar fadzil shuhaimi
topic Banking
Automated tellers. Debit cards
Finance, Islamic
url https://ir.uitm.edu.my/id/eprint/23318/