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Maqasid al-Sharı‘ah, Islamic financial industry and addressing the concerns
Joint Authors
Saba, Irum
Aziz, Shahab
Muhammad, Lakhi
Rana, Gul E.
Source
Journal of Islamic Business and Management
Issue
Vol. 9, Issue 2 (31 Dec. 2019), pp.368-376, 9 p.
Publisher
Riphah International University Riphah Centre of Islamic Business
Publication Date
2019-12-31
Country of Publication
Pakistan
No. of Pages
9
Main Subjects
Economy and Commerce
Financial and Accounting Sciences
Islamic Studies
Abstract EN
Banking system is the backbone of every modern economy.
Role of Islamic banking is rising in economy of di erent countries.
Meanwhile, criticism on Islamic finance is also rising with the passage of time.
A careful review of literature suggests that researchers are raising concerns on the way the Islamic banking is operating closely on the lines of conventional banking.
They claim that the di erence between these two banking system is only limited to documentation level.
Aim of this paper is to identify the concerns about Islamic finance industry in literature and to provide suggestions on how to address these concerns in line with the maq¯as.id al-Shar¯ı‘ah.
American Psychological Association (APA)
Muhammad, Lakhi& Rana, Gul E.& Saba, Irum& Aziz, Shahab. 2019. Maqasid al-Sharı‘ah, Islamic financial industry and addressing the concerns. Journal of Islamic Business and Management،Vol. 9, no. 2, pp.368-376.
https://search.emarefa.net/detail/BIM-976272
Modern Language Association (MLA)
Muhammad, Lakhi…[et al.]. Maqasid al-Sharı‘ah, Islamic financial industry and addressing the concerns. Journal of Islamic Business and Management Vol. 9, no. 2 (2019), pp.368-376.
https://search.emarefa.net/detail/BIM-976272
American Medical Association (AMA)
Muhammad, Lakhi& Rana, Gul E.& Saba, Irum& Aziz, Shahab. Maqasid al-Sharı‘ah, Islamic financial industry and addressing the concerns. Journal of Islamic Business and Management. 2019. Vol. 9, no. 2, pp.368-376.
https://search.emarefa.net/detail/BIM-976272
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 374-376
Record ID
BIM-976272