Publication:
The Prospects Of Islamic Microfinance: Maqasid Shariah Perspective

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cris.virtual.departmentUniversiti Sains Islam Malaysia
cris.virtual.orcid#PLACEHOLDER_PARENT_METADATA_VALUE#
cris.virtualsource.department34ff9442-e609-46bf-aa6a-50fbcab85aa8
cris.virtualsource.orcid34ff9442-e609-46bf-aa6a-50fbcab85aa8
dc.contributor.authorHussein ‘Azeemi Abdullah Thaidien_US
dc.contributor.authorMuhamad Firdaus Ab Rahmanen_US
dc.contributor.authorAzman Ab. Rahman
dc.contributor.authorMuhammad Aiman Fathi Shamsurien_US
dc.date.accessioned2024-05-28T06:03:06Z
dc.date.available2024-05-28T06:03:06Z
dc.date.issued2022
dc.date.submitted2023-1-10
dc.descriptionVol. 16 No. 1 (Page: 14-32)en_US
dc.description.abstractIslamic microfinance is one of the instruments that has been scientifically demonstrated to help the poor and needy. The instrument aims to help the underprivileged by giving them access to financing based on Shariah principles for lucrative activities, primarily small and micro-businesses. Notwithstanding that the Islamic microfinance providers claim that they comply with the Islamic rulings (hukm), little attention has been paid to the extent to which the practice addresses the maqasid (objectives) shariah. Such claim of Shariah-compliant practice will be rendered meaningless if maqasid shariah are not realised. Hence, the present paper aims to explore the significance and prospects of the Islamic microfinance practice from the standpoint of maqasid shariah. The library research, inductive, deductive and analytical techniques are employed consistently. The findings reveal that Islamic microfinance has a significant roles in realising the major maqasid shariah, namely: safeguarding the religion, human life, intellect wealth and progeny. These prospects convey the perception that much effort needs to be done to encourage the offering of Islamic microfinancial products at the Islamic finance sectors at large. Future studies may propose maqasid shariah guidelines for the better practice of Islamic microfinance.en_US
dc.identifier.citationAzeemi bin Abdullah Thaidi, H., Firdaus Ab Rahman, M., Ab Rahman, A., & Aiman Fathi bin Shamsuri, M. (2022). Prospects of Islamic Microfinance: Maqasid Shariah Perspective. Tazkia Islamic Finance and Business Review, 16(1), 14–32. https://doi.org/10.30993/tifbr.v16i1.268en_US
dc.identifier.doi10.30993/tifbr.v16i1.268
dc.identifier.epage32
dc.identifier.issn2460-0717
dc.identifier.issue1
dc.identifier.spage14
dc.identifier.urihttps://tifbr-tazkia.org/index.php/TIFBR/article/view/268
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/6994
dc.identifier.volume16
dc.language.isoen_USen_US
dc.publisherInstitute for Research and Community Empowerment (IRCE), Tazkia University College of Islamic Economicsen_US
dc.relation.ispartofTazkia Islamic Finance and Business Reviewen_US
dc.subjectIslamic Microfinance, Maqasid Shariah, Poor Population, Prospectsen_US
dc.titleThe Prospects Of Islamic Microfinance: Maqasid Shariah Perspectiveen_US
dc.typeArticleen_US
dspace.entity.typePublication
oairecerif.author.affiliation#PLACEHOLDER_PARENT_METADATA_VALUE#
oairecerif.author.affiliation#PLACEHOLDER_PARENT_METADATA_VALUE#
oairecerif.author.affiliationUniversiti Sains Islam Malaysia
oairecerif.author.affiliation#PLACEHOLDER_PARENT_METADATA_VALUE#

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