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

Toseef Azid, Zafar Kayani, Nasim Shirazi and Othman Ibrahim Altwijry

Chapter 1 in Islamic Economic Institutions in Indonesia:Are they Successful in Achieving the Maqasad-al-Shari'ah, 2023, pp 1-13 from World Scientific Publishing Co. Pte. Ltd.

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.

Keywords: Islamic Economics; Institutions; Maqasad al-Shari'ah; Islamic Capital Market; Shari'ah Entrepreneurship; Indonesia; Finance; Economics; International Finance; Corporate Finance; Islamic Finance (search for similar items in EconPapers)
JEL-codes: A1 A14 F3 (search for similar items in EconPapers)
Date: 2023
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