Modern application of Bain al-Sarf (Currency Exchange) from Maqasid al-Shari’ah perspective: A scoping review

• Main Author: Ali, Mohammed Farid
• Format: Article
• Language: English
• Published: IIUM Press 2020
• Subjects: BPH186.4 Bay' Al-Dayn - Debt Financing; BPH589.2 Riba - Interest; HG3368 Islamic Banking and Finance; K1001 Commercial Law; KBP Islamic Law; KBP490 Furūʻ al-fiqh. Substantive law. Branches of law.; KBP50 History, development and application of Islamic law
• Online Access: http://irep.iium.edu.my/84678/1/974-Article%20Text-2657-1-10-20200917.pdf; http://irep.iium.edu.my/84678/; https://journals.iium.edu.my/jiasia/index.php/jia/article/view/974/443

Bai‖ al-sarf widely known as currency exchange is an important sale contract both in classical and contemporary world. This scoping review looks into the objectives behind the rulings set by the Shari‖ah for this sale contract. These objectives are sorted out from the commentaries of the hadith and...