Islamic economic framework for the exercise of Islamic financial activities: its conformity with Maqasid al-Shari'ah

• Main Authors: Habibullah, Mohammad, Al Faruque, Abdullah, Faruque, Md. Omar, Atiullah, Md
• Format: Article
• Language: English
• Published: IIUM Press 2023
• Subjects: BPH Islamic Economics; HG3368 Islamic Banking and Finance
• Online Access: http://irep.iium.edu.my/106544/1/106544_Islamic%20economic%20framework.pdf; http://irep.iium.edu.my/106544/; https://journals.iium.edu.my/al-burhan/index.php/al-burhan/article/view/300

With the establishment of Islamic banks throughout the latter half of the 20th century, Islamic finance became institutionalized. The emergence of new Islamic banks was accompanied by the emergence of Islamic insurance firms and other Islamic financial organizations. The Maqasid al Shari’ah in finan...