Maqāsid al-Shariʻah and Islamic Finance

Authors

  • Yasmin Aslam Doctoral Candidate Islamic Studies, University of Sargodha
  • Awais Raza Doctoral Candidate UMT, Lahore

Abstract

In this paper we have discussed the basic theme of the Religion and its role in Society. There are many scholars who are religious compliant and they have discussed the rationality of it. While there are many who are irrational about the religious belief. Everyone has their own belief and they have their own logical answers to it. It is not compulsory for everyone to believe in it. The irrational people demand logical and scientific results for any belief while rational people who have belief in religion have their own experiences which cannot be prove through scientific results. If someone have faith in religion and it’s not harmful for the society while it have good effect on society it should not be considered bad. And we have discussed the protection of wealth which is main objective of the Maqasid al Shari’ah and its complaint with the Islamic finance and application of Islamic finance with maqasid al shari’ah.

References

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Guiso, Luigi, Paola Sapienza, and Luigi Zingales. "People's opium? Religion and economic attitudes." Journal of monetary economics 50, no. 1 (2003): 225-282.

Gruber, Jonathan H. "Religious market structure, religious participation, and outcomes: Is religion good for you?." The BE Journal of Economic Analysis & Policy 5, no. 1 (2005).

Guiso, Luigi, Paola Sapienza, and Luigi Zingales. "People's opium? Religion and economic attitudes." Journal of monetary economics 50, no. 1 (2003): 225-282.

Iannaccone, Laurence R. "Why strict churches are strong." American Journal of sociology 99, no. 5 (1994): 1180-1211.

Guiso, Luigi, Paola Sapienza, and Luigi Zingales. "People's opium? Religion and economic attitudes." Journal of monetary economics 50, no. 1 (2003): 225-282.

Guiso, Luigi, Paola Sapienza, and Luigi Zingales. "People's opium? Religion and economic attitudes." Journal of monetary economics 50, no. 1 (2003): 225-282.

Guiso, Luigi, Paola Sapienza, and Luigi Zingales. "People's opium? Religion and economic attitudes." Journal of monetary economics 50, no. 1 (2003): 225-282.

Gruber, Jonathan H. "Religious market structure, religious participation, and outcomes: Is religion good for you?." The BE Journal of Economic Analysis & Policy 5, no. 1 (2005).

Dixit, Avinash K. "Lawlessness and Economics: Alternative Modes of." Governance 14 (2004).

Iannaccone, Laurence R. "Why strict churches are strong." American Journal of sociology 99, no. 5 (1994): 1180-1211.

Azzi, Corry, and Ronald Ehrenberg. "Household allocation of time and church attendance." Journal of political Economy 83, no. 1 (1975): 27-56.

Dixit, Avinash K. "Lawlessness and Economics: Alternative Modes of." Governance 14 (2004).

Azzi, Corry, and Ronald Ehrenberg. "Household allocation of time and church attendance." Journal of political Economy 83, no. 1 (1975): 27-56.

Dixit, Avinash K. "Lawlessness and Economics: Alternative Modes of." Governance 14 (2004).

Azzi, Corry, and Ronald Ehrenberg. "Household allocation of time and church attendance." Journal of political Economy 83, no. 1 (1975): 27-56.

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Published

2023-01-17