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Potential Shariah Non-Compliance Practices in E-Bidding: Observation from E-Bidding Platforms in Malaysia

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dc.contributor.authorMuhamad Azhari Wahiden_US
dc.contributor.authorAzrul Azlan Iskandar Mirzaen_US
dc.contributor.authorKhairil Faizal Khairien_US
dc.contributor.authorHamdi Hakeim Mudasiren_US
dc.contributor.authorAzuan Ahmaden_US
dc.contributor.authorMohd Zakhiri Md Noren_US
dc.contributor.authorMuhammad Farid Hadhari Mahamed Rusdien_US
dc.date.accessioned2024-05-30T08:30:08Z
dc.date.available2024-05-30T08:30:08Z
dc.date.issued2021-08-23
dc.description3rd INTERNATIONAL HALAL MANAGEMENT CONFERENCE (3rd IHMC 2021) “Sustainability and Empowerment of Halal Industry in The Midst of COVID19-Pandemic” Date: 23rd – 24th August 2021, Malaysia eISBN: 978-967-440-956-2 Organised by : Faculty of Economy and Muamalat, USIMen_US
dc.description.abstractE-bidding has gained popularity in modern world due to the advancement of technology. Despite its popularity, contracting parties are exposed to Shari’ah non-compliance practices which might lead to financial loss and dispute among contracting parties. Islamic jurisprudence provides guideline that may assist bidders and auctioneers to avoid these practices. This study aims to examine e bidding platforms in Malaysia and highlight potential Shari’ah non-compliance issues based on guideline offered by Islamic jurisprudence. This study employs qualitative data analysis method. Data are collected from the e-bidding platforms and its published documents which then are analyzed using content analysis. The findings revealed several potential Shari’ah non compliance practices in e-bidding platforms, among others are, unverified bidders, uncertainty, riba, gambling and unavailability of khiyar (option). Numbers of improvement are suggested to enhance procedures of e-bidding platform so that it will not lead to financial losses and dispute among contracting parties. Keywords: bidding; online bidding; electronic bidding; auction; online auction; electronic auction; Shari’ah non-complianceen_US
dc.identifier.epage109
dc.identifier.isbneISBN: 978-967-440-956-2
dc.identifier.spage102
dc.identifier.urihttps://fem.usim.edu.my/ihmc2021-proceeding/
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/17937
dc.language.isoenen_US
dc.publisherUniversiti Sains Islam Malaysiaen_US
dc.relation.conferencee-Proceedings of the 3rd International Halal Management Conference 2021 (3rd IHMC 2021)en_US
dc.subjectbidding; online bidding;en_US
dc.subjectelectronic bidding;en_US
dc.subjectauction;en_US
dc.subjectonline auction;en_US
dc.subjectelectronic auction;en_US
dc.subjectShari’ah non-complianceen_US
dc.titlePotential Shariah Non-Compliance Practices in E-Bidding: Observation from E-Bidding Platforms in Malaysiaen_US
dc.typeArticleen_US
dspace.entity.typePublication

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