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Shariah Scholars and Fatwa Making Process in Islamic Finance

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dc.contributor.authorYasmin Hanani Mohd. Safianen_US
dc.date.accessioned2024-05-29T07:45:05Z
dc.date.available2024-05-29T07:45:05Z
dc.date.issued2017
dc.description.abstractIslamic finance industry faces unprecedented new issues that need immediate attention by Shariah scholars. The issues require the Shariah scholars to exercise their own ijtihad whether it is a collective or an independent ijtihad especially in the innovations of Islamic finance. One of the main challenges in issuing a fatwa in the Islamic finance is the scholars have to innovate Shariah compliant products that are workable and meet the modern market needs. To address this issue, it requires the scholars to have mastery skills in both the turath (classical knowledge) and contemporary knowledge in Islamic finance. The study will evaluate the efforts of the scholars in the fatwa making process and examine the challenges faced over time.en_US
dc.identifier.epage135
dc.identifier.issn2232-1047
dc.identifier.issue1
dc.identifier.spage120
dc.identifier.urihttp://jfatwa.usim.edu.my/index.php/jfatwa/article/view/33
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/13923
dc.identifier.volume10
dc.languageEnglish
dc.language.isoen_USen_US
dc.publisherUniversiti Sains Islam Malaysiaen_US
dc.relation.ispartofJournal of Fatwa Management and Researchen_US
dc.sourceOpen Journal Systems
dc.subjectShariah scholarsen_US
dc.subjectijtihaden_US
dc.subjectIslamic finance innovationsen_US
dc.titleShariah Scholars and Fatwa Making Process in Islamic Financeen_US
dc.typeArticleen_US
dspace.entity.typePublication

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