Realisation of maqasid al-shariah using value-based intermediation in Islamic banks: acceptance or refusal / Aizurra Haidah Abdul Kadir ... [et al.]

• Main Authors: Abdul Kadir, Aizurra Haidah, Syed Alwi, Sharifah Faigah, Abd Halim, Fateha, Mat Nor, Norzanah, Saiful Fikri, Aula Ahmad Hafidh
• Format: Article
• Language: English
• Published: Accounting Research Institute (ARI), Universiti Teknologi MARA, Shah Alam 2024
• Subjects: Banking; KBP Islamic law. Sharī'ah. Fiqh
• Online Access: https://ir.uitm.edu.my/id/eprint/93588/1/93588.pdf; https://ir.uitm.edu.my/id/eprint/93588/

Value-based intermediation (VBI) is a strategy proposed by Bank Negara Malaysia (BNM) as an intermediary tool to deliver the maqasid al-shariah (intended outcomes of Shariah) through practices and product offerings in Islamic banks. However, in reality, VBI has not yet been fully accepted by all Isl...