The objective of islamic economic and islamic banking in light of maqasid al-shari’ah

• Main Authors: Mustafa Omar, Mohammed, Syahidawati , Shahwan
• Format: Article
• Language: English
• Published: IDOSI Publications 2013
• Subjects: HB Economic Theory; HB131 Methodology.Mathematical economics. Quantitative methods; HB846 Welfare theory
• Online Access: http://irep.iium.edu.my/47106/1/47106_-_The_objective_of_islamic_economic_and_islamic_banking_in_light_of_maqasid_al-shari%E2%80%99ah.pdf; http://irep.iium.edu.my/47106/; http://www.idosi.org/mejsr/online.htm
• Institution: Universiti Islam Antarabangsa Malaysia

There has been variation in the objectives of Islamic economics. It is also assumed that the objectives of Islamic economics are supposed to guide the objective of Islamic banking and Finance. Over the years, there seem to be widening gap between the two Islamic disciplines in terms of their objecti...