Publication: Defining Harmonisation of Shar?ah Rulings in Islamic Finance
| dc.contributor.affiliations | Faculty of Economics and Muamalat | |
| dc.contributor.affiliations | Universiti Sains Islam Malaysia (USIM) | |
| dc.contributor.author | Shaharuddin A. | en_US |
| dc.date.accessioned | 2024-05-28T08:45:22Z | |
| dc.date.available | 2024-05-28T08:45:22Z | |
| dc.date.issued | 2016 | |
| dc.description.abstract | Having been applied for over four decades, the Islamic finance industry faces a divergence of opinions on the Shar?ah, resulting from different interpretations adopted by Shar?ah scholars when modifying classical fiqh doctrines to suit the current banking system. Although juristic disagreement is acceptable from a fiqh perspective, its practice in the financial industry brings more disadvantages than benefits. Recently the call for harmonising Shar?ah rulings has become stronger. This article defines what is meant by harmonisation of Shar?ah in the context of the Islamic finance industry, and outlines its scope and contribution. The discussion is pertinent due to confusion over the term 'standardisation'. Contemporary Shar?ah scholars and practitioners in the financial industry appear to be in disagreement when elaborating upon the issue. Hence, it is hoped that this article will help clarify the meaning of 'harmonisation' and shed light on how this can be accomplished to benefit the financial industry. � 2016 Koninklijke Brill NV, Leiden, The Netherlands. | |
| dc.description.nature | Final | en_US |
| dc.identifier.doi | 10.1163/15730255-12341000 | |
| dc.identifier.epage | 304 | |
| dc.identifier.issn | 2680556 | |
| dc.identifier.issue | 3 | |
| dc.identifier.scopus | 2-s2.0-84994247295 | |
| dc.identifier.spage | 292 | |
| dc.identifier.uri | https://www.scopus.com/inward/record.uri?eid=2-s2.0-84994247295&doi=10.1163%2f15730255-12341000&partnerID=40&md5=503ec9c5d1c75ee579947315872ad910 | |
| dc.identifier.uri | https://oarep.usim.edu.my/handle/123456789/9406 | |
| dc.identifier.volume | 30 | |
| dc.language | English | |
| dc.language.iso | en_US | |
| dc.publisher | Brill Academic Publishers | en_US |
| dc.relation.ispartof | Arab Law Quarterly | |
| dc.source | Scopus | |
| dc.subject | harmonisation of Shar?ah rulings | en_US |
| dc.subject | Islamic finance | en_US |
| dc.subject | Islamic law | en_US |
| dc.title | Defining Harmonisation of Shar?ah Rulings in Islamic Finance | |
| dc.type | Article | en_US |
| dspace.entity.type | Publication |