Maqasid al-Shari'a in Islamic Finance: A Critical Analysis of Modern Discourses

Basit Öğe Kaydı
dc.contributor.authorGuney, Necmeddin
dc.date.accessioned2024-02-23T14:35:20Z
dc.date.available2024-02-23T14:35:20Z
dc.date.issued2024
dc.departmentNEÜen_US
dc.description.abstractThis study delves into the complexities surrounding the determination, interpretation, and application of maq & amacr;sid al-shar & imacr;'a within modern Islamic economics and finance. By conducting an extensive review of classical and contemporary literature, this research explores the diverse methods and criteria employed for ascertaining maq & amacr;sid. It critically examines the inherent subjectivity involved in categorizing maq & amacr;sid, shedding light on the ambiguity in delineating their boundaries. Additionally, the study scrutinizes the unintended consequences of broader utilization of maq & amacr;sid, particularly in transactions such as bay' al-'& imacr;nah, and evaluates the risks associated with prioritizing maslaha (utility) over textual evidence. The findings underscore the challenges posed by the subjective nature of maq & amacr;sid interpretation, illustrating how diverse perspectives can lead to differing conclusions. They emphasize the potential misuse of maq & amacr;sid for legitimizing practices contrary to the core principles of sharia. This research underscores the preservation of legislative intent and advocates a cautious approach to integrating maq & amacr;sid al-shar & imacr;'a into Islamic economics and finance. The objective is to strike a balance that upholds Islamic principles. It highlights the essential need for collectively establishing standards for both macro and micro maq & amacr;sid and their usage in ijtih & amacr;d, promoting responsible applications within contemporary Islamic finance for informed and ethical solutions.en_US
dc.identifier.doi10.3390/rel15010114
dc.identifier.issn2077-1444
dc.identifier.issue1en_US
dc.identifier.scopus2-s2.0-85183437964en_US
dc.identifier.urihttps://doi.org/10.3390/rel15010114
dc.identifier.urihttps://hdl.handle.net/20.500.12452/15962
dc.identifier.volume15en_US
dc.identifier.wosWOS:001152001300001en_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherMdpien_US
dc.relation.ispartofReligionsen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectIslamic Financeen_US
dc.subjectMaqasid Theoryen_US
dc.subjectIslamic Jurisprudenceen_US
dc.subjectModern Financial Transactionsen_US
dc.subjectIslamic Economicsen_US
dc.titleMaqasid al-Shari'a in Islamic Finance: A Critical Analysis of Modern Discoursesen_US
dc.typeArticleen_US

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