Shari’ah principles of preventing financial crisis in Islamic finance

The study looks into the potential Shari’ah principles and ethics as measures to preventing financial crisis in Islamic finance. Library research method adopted to gather information related to the Islamic principles preventing financial crisis in Islamic finance. Islamic ethics and Shari’ah princip...

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Main Authors: Adam Sa'ad, Auwal, Ibrahim, Badruddin, Abdul Kadir Malim, Nurhafiza
Format: Conference or Workshop Item
Language:English
English
Published: 2018
Subjects:
Online Access:http://irep.iium.edu.my/71692/
http://irep.iium.edu.my/71692/2/71692%20schedule.pdf
http://irep.iium.edu.my/71692/3/71692%20%20SHARI%E2%80%99AH%20PRINCIPLES%20OF%20PREVENTING%20FINANCIAL%20CRISIS.pdf
id iium-71692
recordtype eprints
spelling iium-716922019-11-26T04:56:21Z http://irep.iium.edu.my/71692/ Shari’ah principles of preventing financial crisis in Islamic finance Adam Sa'ad, Auwal Ibrahim, Badruddin Abdul Kadir Malim, Nurhafiza BP190.5 Islamization of Knowledge HG3368 Islamic Banking and Finance The study looks into the potential Shari’ah principles and ethics as measures to preventing financial crisis in Islamic finance. Library research method adopted to gather information related to the Islamic principles preventing financial crisis in Islamic finance. Islamic ethics and Shari’ah principles are vital to preventing financial crisis in Islamic finance. Shari’ah promotes trustworthiness, God-fearing and general ethics while doing business in an Islamic marketplace. The system encourages market observation and surveillance to ensure a strict adherence to the Islamic ethics and trustworthiness. Islamic financial system prohibits interest taking, gambling, sale of debt for debt. This has prevented the Islamic financial market atmosphere from deceptive activities that actually cause mistrust and panic which lead to a financial crisis. Islamic business ethics and the Shari’ah principles are the twin factors which can sustain the investor confidence within the Islamic financial institutions. 2018 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/71692/2/71692%20schedule.pdf application/pdf en http://irep.iium.edu.my/71692/3/71692%20%20SHARI%E2%80%99AH%20PRINCIPLES%20OF%20PREVENTING%20FINANCIAL%20CRISIS.pdf Adam Sa'ad, Auwal and Ibrahim, Badruddin and Abdul Kadir Malim, Nurhafiza (2018) Shari’ah principles of preventing financial crisis in Islamic finance. In: 6th Global Waqf Conference 2018, 19th -22nd November, Bangkok, Thailand. (Unpublished)
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic BP190.5 Islamization of Knowledge
HG3368 Islamic Banking and Finance
spellingShingle BP190.5 Islamization of Knowledge
HG3368 Islamic Banking and Finance
Adam Sa'ad, Auwal
Ibrahim, Badruddin
Abdul Kadir Malim, Nurhafiza
Shari’ah principles of preventing financial crisis in Islamic finance
description The study looks into the potential Shari’ah principles and ethics as measures to preventing financial crisis in Islamic finance. Library research method adopted to gather information related to the Islamic principles preventing financial crisis in Islamic finance. Islamic ethics and Shari’ah principles are vital to preventing financial crisis in Islamic finance. Shari’ah promotes trustworthiness, God-fearing and general ethics while doing business in an Islamic marketplace. The system encourages market observation and surveillance to ensure a strict adherence to the Islamic ethics and trustworthiness. Islamic financial system prohibits interest taking, gambling, sale of debt for debt. This has prevented the Islamic financial market atmosphere from deceptive activities that actually cause mistrust and panic which lead to a financial crisis. Islamic business ethics and the Shari’ah principles are the twin factors which can sustain the investor confidence within the Islamic financial institutions.
format Conference or Workshop Item
author Adam Sa'ad, Auwal
Ibrahim, Badruddin
Abdul Kadir Malim, Nurhafiza
author_facet Adam Sa'ad, Auwal
Ibrahim, Badruddin
Abdul Kadir Malim, Nurhafiza
author_sort Adam Sa'ad, Auwal
title Shari’ah principles of preventing financial crisis in Islamic finance
title_short Shari’ah principles of preventing financial crisis in Islamic finance
title_full Shari’ah principles of preventing financial crisis in Islamic finance
title_fullStr Shari’ah principles of preventing financial crisis in Islamic finance
title_full_unstemmed Shari’ah principles of preventing financial crisis in Islamic finance
title_sort shari’ah principles of preventing financial crisis in islamic finance
publishDate 2018
url http://irep.iium.edu.my/71692/
http://irep.iium.edu.my/71692/2/71692%20schedule.pdf
http://irep.iium.edu.my/71692/3/71692%20%20SHARI%E2%80%99AH%20PRINCIPLES%20OF%20PREVENTING%20FINANCIAL%20CRISIS.pdf
first_indexed 2023-09-18T21:41:39Z
last_indexed 2023-09-18T21:41:39Z
_version_ 1777413180427862016