Islamic Finance Handbook Series 3 - The Shariah Permissibility and Prohibition in the Economic Activities

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    This handbook addresses the permissibility of business and trade in Sharīʿah context, explaining how it is understood and applied. It also addresses prohibitions by showing how it is understood and applied in the same market. The approach is supported by provisions from the Quran and Sunnah, Maqasid al Sharīʿah, and legal maxims. Permissibility in Sharīʿah is regarded as the default status, with prohibition being the exception. Everything in Shariah is considered permissible in its original state; however, there are prohibitions in the business and trade environment that must be avoided. The handbook lists some prohibitions in Sharīʿah that should be understood in their concept, classification, and applications to ensure compliance by avoiding them in practice. By complying with Sharīʿah permissibility and prohibitions in economic activities, Sharīʿah ensures the realization of Maqasid al Sharīʿah and the spread of prosperity and well-being in the economy and society. Otherwise, the economy and society may suffer significant financial pain that impacts their well-being and prosperity.

    Author Ahcene Lahsasna ISBN/ISNN 9786299941811
    Publisher SALIHIN Publication Year
    Category Edition First Edition
    Sub Category Pages 140
    Level SKU 0
    Binding Paperback Stock 500
    Language English Keyword