E-Wallet In Malaysia: A Proposed Structure Of Contracts According To The Juristic Adaptation (Takyif Fiqhi)
The rapid growth of the financial industry in line with technological development leads to the emergence of e-wallet. E-wallet is an instrument of payment of goods or services electronically without the need to use cash. The use of e-wallet although still in its initial stages in Malaysia, is still...
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| Main Authors: | , , |
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| Format: | Proceeding Paper |
| Language: | en en en |
| Published: |
2022
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| Online Access: | http://irep.iium.edu.my/100096/1/Acceptance%20Paper.pdf http://irep.iium.edu.my/100096/2/Article%20E-Wallet%20-%20Mustafa.pdf http://irep.iium.edu.my/100096/13/12thFIFC2022-Booklet_final.pdf http://irep.iium.edu.my/100096/ |
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| _version_ | 1834519441437622272 |
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| author | Mat Jubri@Shamsuddin, Mustafa Sitiris, Miszairi Mohd Yunus, Saidatolakma |
| author_facet | Mat Jubri@Shamsuddin, Mustafa Sitiris, Miszairi Mohd Yunus, Saidatolakma |
| author_sort | Mat Jubri@Shamsuddin, Mustafa |
| building | IIUM Library |
| collection | Institutional Repository |
| content_provider | International Islamic University Malaysia |
| content_source | IIUM Repository (IREP) |
| continent | Asia |
| country | Malaysia |
| description | The rapid growth of the financial industry in line with technological development leads to the emergence of e-wallet. E-wallet is an instrument of payment of goods or services electronically without the need to use cash. The use of e-wallet although still in its initial stages in Malaysia, is still subject to Shariah analysis. This study would like to analyze several Shariah issues in e-wallet, which aimed to measure the Shariah compliance, as well as to come out with some suggestions to improve its implementation. Among the research findings are the use of e-wallet is subject to origin of ruling in commercial transactions which is permissible, thus the Shariah analysis of it focuses on the circumstances that would make it forbidden, and the possible contracts between all contractors which include the user, the bank and non-bank issuer, and the third party have been discussed in the study with taking into consideration of juristic adaptations, conditions, and implications. Two methods will be used in this research, firstly the inductive method in collecting data, and the second is the analytical method in analyzing the data. |
| format | Proceeding Paper |
| id | my.iium.irep-100096 |
| institution | Universiti Islam Antarabangsa Malaysia |
| language | en en en |
| publishDate | 2022 |
| record_format | dspace |
| spelling | my.iium.irep-1000962022-10-03T06:33:37Z http://irep.iium.edu.my/100096/ E-Wallet In Malaysia: A Proposed Structure Of Contracts According To The Juristic Adaptation (Takyif Fiqhi) Mat Jubri@Shamsuddin, Mustafa Sitiris, Miszairi Mohd Yunus, Saidatolakma BPC Science and Technology in Islam BPH114.3 Halal industry science BPH589.2 Riba - Interest BPH600.23 Wakalah - Contract Of Agency BPH600.34 Wadi'ah - Contract - Valuables Selfkeeping KBP639 Muʻāmalāt T173.5 Technology and Islam The rapid growth of the financial industry in line with technological development leads to the emergence of e-wallet. E-wallet is an instrument of payment of goods or services electronically without the need to use cash. The use of e-wallet although still in its initial stages in Malaysia, is still subject to Shariah analysis. This study would like to analyze several Shariah issues in e-wallet, which aimed to measure the Shariah compliance, as well as to come out with some suggestions to improve its implementation. Among the research findings are the use of e-wallet is subject to origin of ruling in commercial transactions which is permissible, thus the Shariah analysis of it focuses on the circumstances that would make it forbidden, and the possible contracts between all contractors which include the user, the bank and non-bank issuer, and the third party have been discussed in the study with taking into consideration of juristic adaptations, conditions, and implications. Two methods will be used in this research, firstly the inductive method in collecting data, and the second is the analytical method in analyzing the data. 2022-10-01 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/100096/1/Acceptance%20Paper.pdf application/pdf en http://irep.iium.edu.my/100096/2/Article%20E-Wallet%20-%20Mustafa.pdf application/pdf en http://irep.iium.edu.my/100096/13/12thFIFC2022-Booklet_final.pdf Mat Jubri@Shamsuddin, Mustafa and Sitiris, Miszairi and Mohd Yunus, Saidatolakma (2022) E-Wallet In Malaysia: A Proposed Structure Of Contracts According To The Juristic Adaptation (Takyif Fiqhi). In: The 12-th Foundation of Islamic Finance Conference (FIFC) 2022, Online. (Unpublished) |
| spellingShingle | BPC Science and Technology in Islam BPH114.3 Halal industry science BPH589.2 Riba - Interest BPH600.23 Wakalah - Contract Of Agency BPH600.34 Wadi'ah - Contract - Valuables Selfkeeping KBP639 Muʻāmalāt T173.5 Technology and Islam Mat Jubri@Shamsuddin, Mustafa Sitiris, Miszairi Mohd Yunus, Saidatolakma E-Wallet In Malaysia: A Proposed Structure Of Contracts According To The Juristic Adaptation (Takyif Fiqhi) |
| title | E-Wallet In Malaysia: A Proposed Structure Of Contracts According To The Juristic Adaptation (Takyif Fiqhi) |
| title_full | E-Wallet In Malaysia: A Proposed Structure Of Contracts According To The Juristic Adaptation (Takyif Fiqhi) |
| title_fullStr | E-Wallet In Malaysia: A Proposed Structure Of Contracts According To The Juristic Adaptation (Takyif Fiqhi) |
| title_full_unstemmed | E-Wallet In Malaysia: A Proposed Structure Of Contracts According To The Juristic Adaptation (Takyif Fiqhi) |
| title_short | E-Wallet In Malaysia: A Proposed Structure Of Contracts According To The Juristic Adaptation (Takyif Fiqhi) |
| title_sort | e-wallet in malaysia: a proposed structure of contracts according to the juristic adaptation (takyif fiqhi) |
| topic | BPC Science and Technology in Islam BPH114.3 Halal industry science BPH589.2 Riba - Interest BPH600.23 Wakalah - Contract Of Agency BPH600.34 Wadi'ah - Contract - Valuables Selfkeeping KBP639 Muʻāmalāt T173.5 Technology and Islam |
| url | http://irep.iium.edu.my/100096/1/Acceptance%20Paper.pdf http://irep.iium.edu.my/100096/2/Article%20E-Wallet%20-%20Mustafa.pdf http://irep.iium.edu.my/100096/13/12thFIFC2022-Booklet_final.pdf http://irep.iium.edu.my/100096/ |
| url_provider | http://irep.iium.edu.my/ |