The Urgency of Debt Management in the Perspective of Islamic Wealth Management

Rizqi Zakiya () and Achmad Firdaus
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Rizqi Zakiya: Institut Agama Islam Tazkia, Jl. Ir. H. Djuanda No. 78
Achmad Firdaus: Institut Agama Islam Tazkia, Jl. Ir. H. Djuanda No. 78

Chapter Chapter 7 in Wealth Management and Investment in Islamic Settings, 2022, pp 103-111 from Springer

Abstract: Abstract The study attempts to reveal debt position in wealth management and Islam Solution to overcome unresolved debt. The study is written by answering a number of predetermined research questions. The literature related to the research question is used as the reference material. Debt management is a must in Islam. There are three important things in assessing gharim namely: motives of the debtor, purposes of the debtor, and circumstances of the debtor. Furthermore, Islam solution to avoid the negatives side of debt: personal support, Social support, Institutional Support.

Keywords: Debt; Gharim; Islamic wealth management; Debtor (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-3686-9_7

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DOI: 10.1007/978-981-19-3686-9_7

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