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Understanding Maqasid Al-Khassah by Ai Ni Hajjar is a document available to read on EtoBox.

What is Understanding Maqasid Al-Khassah about?

1) The document discusses the objectives (maqasid) of shariah in Islamic finance, particularly the specific objectives (maqasid al-khassah). 2) Some key specific objectives of shariah in Islamic finance include protecting wealth, ensuring fair distribution of wealth, prohibiting interest, and requiring genuine asset-backed transactions. 3) Prohibiting interest is meant to prevent unjust enrichment and encourage real economic activity and risk-sharing, in line with the principle of "no risk, no gain."

Author

Ai Ni Hajjar

Language

EN