Islamic banking and finance in Malaysia: an evaluation from the perspective of Maqasid al-Shari`ah

Riba is haram in Islam. In the past, conventional banks use riba as a mechanism to charge borrowers. This is a great problem for Muslims throughout the world. However, in Malaysia, the Pilgrimage Management and Fund Board was established in 1962to collect money from Muslims to finance their trip to...

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Bibliographic Details
Main Authors: Abdullah @ Chuah Hock Leng, Osman, Sayadat, Muhammad Nazmus
Format: Conference or Workshop Item
Language:English
English
Published: 2015
Subjects:
Online Access:http://irep.iium.edu.my/43316/
http://irep.iium.edu.my/43316/
http://irep.iium.edu.my/43316/1/history_of_banking_in_malaysia...proofread.pdf
http://irep.iium.edu.my/43316/2/Paper_Presentation_Schedule.pdf