Shubuhat in Islamic financial products : Part (1)
Joint Authors
Ahmad, Isa Rayyis
Harun, Muhammad Harashid
Yahya, Sufri
Source
Global Islamic Economics Magazine
Issue
Vol. 2012, Issue 3 (31 Aug. 2012), pp.11-16, 6 p.
Publisher
Islamic Business Researches Center
Publication Date
2012-08-31
Country of Publication
Syria
No. of Pages
6
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
- Financial institutions
- Islam
- Islamic World
- Religious aspects
- Shariah censorship
- Financial services industry
- Belief and doubt
Abstract EN
Islam, in principles, prohibits all activities that cause harm to the dealers and consumers in the market as well as in the society as a whole.
However, less emphasis has been made on doubtful activities (shubuhat).
Besides the dearth of latter studies in general, no study has been ever conducted as regards specifically the determinants of shubuhat and the use of any determinants to test for existence of shubuhat in Islamic financial products.
Thus, the objectives of this paper are, firstly, to come up with determinants of shubuhat, and, secondly, to test the existence of shubuhat in some selected Islamic financial products using the determinants.
Using the qualitative textual analysis, determinants of shubuhat were constructed, and consequently used to identify the effective determinants underlying the Islamic products under study.
A total of nine Islamic financial products were selected and tested, and it was found that shubuhat did exist in the Islamic financial products
American Psychological Association (APA)
Ahmad, Isa Rayyis& Harun, Muhammad Harashid& Yahya, Sufri. 2012. Shubuhat in Islamic financial products : Part (1). Global Islamic Economics Magazine،Vol. 2012, no. 3, pp.11-16.
https://search.emarefa.net/detail/BIM-714917
Modern Language Association (MLA)
Ahmad, Isa Rayyis…[et al.]. Shubuhat in Islamic financial products : Part (1). Global Islamic Economics Magazine No. 3 (Aug. 2012), pp.11-16.
https://search.emarefa.net/detail/BIM-714917
American Medical Association (AMA)
Ahmad, Isa Rayyis& Harun, Muhammad Harashid& Yahya, Sufri. Shubuhat in Islamic financial products : Part (1). Global Islamic Economics Magazine. 2012. Vol. 2012, no. 3, pp.11-16.
https://search.emarefa.net/detail/BIM-714917
Data Type
Journal Articles
Language
English
Record ID
BIM-714917