Modern applications of profit-sale (bay murabahah) from a maqasid Shari' ah perspective

• Main Authors: al-Fijawi, Mohammed Farid Ali, Mohd Yunus, Saidatolakma
• Format: Article
• Language: English; English; English
• Published: IIUM Press, International Islamic University Malaysia 2019
• Subjects: BP Islam. Bahaism. Theosophy, etc
• Online Access: http://irep.iium.edu.my/79435/13/79435_MODERN%20APPLICATIONS%20OF%20PROFIT-SALE%20_article_new.pdf; http://irep.iium.edu.my/79435/2/79435_MODERN%20APPLICATIONS%20OF%20PROFIT-SALE%20_wos.pdf; http://irep.iium.edu.my/79435/19/79435_Modern%20applications%20of%20profit-sale_scopus.pdf; http://irep.iium.edu.my/79435/; https://journals.iium.edu.my/shajarah/index.php/shaj/article/view/853/374
• Institution: Universiti Islam Antarabangsa Malaysia

This paper looks into profit-sale (murābaḥah), a nominal sale contract in Islam, in search for Sharīʿah objectives embedded in the corpus according to the terms and conditions of the contract. In light of these objectives, applications of the profit-sale contract as a financing tool...