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 mal (wealth) are developed, which are then used as a base of analysis …

Malaysian people to adopt the attitude of acceptance instead of tolerance. This is because tolerance carried a connotation that … with Islamic teachings and religious ideas. This paper covers major elements of the 1Malaysia concept with its values and …

The normative rules governing exchange in an Islamic stock market are discussed and the free enterprise capitals model … of stock market is evaluated from the Islamic and economic points of view. Exchange of financial claims is found more … vulnerable to hazard and to lack of information, both contrary to Islamic rules of exchange. The efficiency criteria of …

The future of Islamic law in an environment dominated by nation states is difficult to visualize. This paper identifies … the areas in which this law will grow. This future was was visible since the birth of Islamic law …