Wealth planning parameters based on Maqasid al-Shariʻah according to ibn Ashur's view : a preliminary study

Joint Authors

Pandi, Muhammad Salfi al-Din Mohd
Azahari, Raihanah Hj
Abd al-Rahman, Asmak

Source

International Journal of Islamic Economics and Finance Studies

Issue

Vol. 7, Issue 1 (31 Mar. 2021), pp.31-46, 16 p.

Publisher

Centre of Political Economical and Social Research

Publication Date

2021-03-31

Country of Publication

Turkey

No. of Pages

16

Main Subjects

Law

Abstract EN

Making an early planning on properties owned is indeed something that is encouraged in Islam.

however, the absence of a specific guideline in the implementation of wealth planning has caused several issues.

the consequences of these issues have resulted in the failure to enforce the intended wealth planning.

in some cases, after being tried in court, the wealth plans have been declared as void by the court.

therefore, this study aims to suggest the appropriate parameters which may be used as the basis and guidelines by property owners, especially Muslims, in ensuring compliance of wealth planning with the correct methods and requirements of Islamic law.

generally, this study adopts a qualitative approach with content analysis to obtain the required information and data.

the results of the study reveals that the discussion of Maqāṣid al-Sharīʻah involving Tabarruʻ contracts by Ibn ʻĀshūr in his book Maqāṣid al-Sharīʻah al-Islāmiyyah is suitable to be used as the basis and main consideration for the formation of wealth planning parameters for Muslims.

the application of wealth planning parameters based on Maqāṣid al-Sharīʻah may help Muslims in particular to make proper wealth planning that complies with the principles of Sariah, while at the same time realizes the wishes and expectations of the property owners therefrom.

American Psychological Association (APA)

Pandi, Muhammad Salfi al-Din Mohd& Azahari, Raihanah Hj& Abd al-Rahman, Asmak. 2021. Wealth planning parameters based on Maqasid al-Shariʻah according to ibn Ashur's view : a preliminary study. International Journal of Islamic Economics and Finance Studies،Vol. 7, no. 1, pp.31-46.
https://search.emarefa.net/detail/BIM-1429607

Modern Language Association (MLA)

Pandi, Muhammad Salfi al-Din Mohd…[et al.]. Wealth planning parameters based on Maqasid al-Shariʻah according to ibn Ashur's view : a preliminary study. International Journal of Islamic Economics and Finance Studies Vol. 7, no. 1 (Mar. 2021), pp.31-46.
https://search.emarefa.net/detail/BIM-1429607

American Medical Association (AMA)

Pandi, Muhammad Salfi al-Din Mohd& Azahari, Raihanah Hj& Abd al-Rahman, Asmak. Wealth planning parameters based on Maqasid al-Shariʻah according to ibn Ashur's view : a preliminary study. International Journal of Islamic Economics and Finance Studies. 2021. Vol. 7, no. 1, pp.31-46.
https://search.emarefa.net/detail/BIM-1429607

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references : p. 45-46

Record ID

BIM-1429607