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Islamic Economic Institutions and Maqasad al Shari’ah: A Review

In: ISLAMIC ECONOMIC INSTITUTIONS IN INDONESIA Are they Successful in Achieving the Maqasad-al-Shari’ah

Author

Listed:
  • Toseef Azid
  • Zafar Kayani
  • Nasim Shah Shirazi
  • Othman Ibrahim Altwijry

Abstract

This chapter reviews the basic dimensions of Maqasad al-Shari’ah. An attempt is made to cover the important concepts related to this subject, such as a comparison between the divine laws and manmade laws. This chapter reviews the theoretical development in chronological order, and divides it into three periods, i.e., the early period, the medieval period, and the current period. The major concepts and terminologies which are applied in the field of Islamic finance and economics have also been discussed.

Suggested Citation

  • Toseef Azid & Zafar Kayani & Nasim Shah Shirazi & Othman Ibrahim Altwijry, 2023. "Islamic Economic Institutions and Maqasad al Shari’ah: A Review," World Scientific Book Chapters, in: Toseef Azid & Muhammad Syafii Antonio & Zafar Kayani & Murniati Mukhlisin (ed.), ISLAMIC ECONOMIC INSTITUTIONS IN INDONESIA Are they Successful in Achieving the Maqasad-al-Shari’ah, chapter 1, pages 1-13, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811272691_0001
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    More about this item

    Keywords

    Islamic Economics; Institutions; Maqasad al-Shari'ah; Islamic Capital Market; Shari'ah Entrepreneurship; Indonesia; Finance; Economics; International Finance; Corporate Finance; Islamic Finance;
    All these keywords.

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • F3 - International Economics - - International Finance

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