Alkhan, Ahmed Mansoor; Hassan, M. Kabir - In: Borsa Istanbul Review 21 (2021) 1, pp. 57-68
The purpose of this paper is to analyze whether the practice of Islamic microfinance serves maqāsid al-shari'a (underlying intents of Islamic law) or not. The paper uses a qualitative methodology. Using the literature, five key factors of maqāsid al-shari'a pertaining to an Islamic economy and...