Application of nadariyyah al-dhari'ah (theory of means) on tawarruq (monetization) : a comparative study between shari'ah standards of AAOIFI and Central Bank of Malaysia /
Accounting and Auditing Organization for Islamic Financial Institution (AAOIFI) and Central Bank of Malaysia had issued Shari'ah Standards for tawarruq (monetization) respectively. Therefore, the researcher intends to explore the application of nadariyyah al-dhari'ah (theory of means) eith...
Saved in:
| Main Author: | |
|---|---|
| Format: | Thesis |
| Language: | English |
| Published: |
Kuala Lumpur :
Kulliyyah of Islamic Revealed Knowledge and Human Sciences, International Islamic University Malaysia,
2018
|
| Subjects: | |
| Online Access: | Click here to view 1st 24 pages of the thesis. Members can view fulltext at the specified PCs in the library. |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| LEADER | 038750000a22003130004500 | ||
|---|---|---|---|
| 008 | 181101s2018 my a f m 000 0 eng d | ||
| 040 | |a UIAM |b eng |e rda | ||
| 041 | |a eng | ||
| 043 | |a a-my--- | ||
| 084 | |a BPH262 | ||
| 100 | 0 | |a Mohamad Shafiq bin Mohd Aswadi, |e author | |
| 245 | 1 | 0 | |a Application of nadariyyah al-dhari'ah (theory of means) on tawarruq (monetization) : |b a comparative study between shari'ah standards of AAOIFI and Central Bank of Malaysia / |c by Mohamad Shafiq bin Mohd Aswadi |
| 264 | 1 | |a Kuala Lumpur : |b Kulliyyah of Islamic Revealed Knowledge and Human Sciences, International Islamic University Malaysia, |c 2018 | |
| 300 | |a xii, 133 leaves : |b illustrations ; |c 30cm. | ||
| 336 | |2 rdacontent |a text | ||
| 347 | |2 rdaft |a text file |b PDF | ||
| 502 | |a Thesis (MAIRKFQ)--International Islamic University Malaysia, 2018. | ||
| 504 | |a Includes bibliographical references (leaves 127-133). | ||
| 520 | |a Accounting and Auditing Organization for Islamic Financial Institution (AAOIFI) and Central Bank of Malaysia had issued Shari'ah Standards for tawarruq (monetization) respectively. Therefore, the researcher intends to explore the application of nadariyyah al-dhari'ah (theory of means) either from the view of sadd al-dhari'ah (blocking the means) and fath al-dhari'ah (opening the means) on tawarruq (monetization) from the perspective of classical and contemporary views of Shariah scholars. This study adopted qualitative methodology which emphasises content and data analysis (library research) to analyse the applicable documents namely Shari'ah Standard of AAOIFI (Chapter 30: Tawarruq [Monetization]) and Shariah Standard of Central Bank of Malaysia (Chapter of Tawarruq [Monetization]). The similarities and differences of both Shariah Standards of AAOIFI and Central Bank of Malaysia on tawarruq (monetization) were discussed in great detail. Subsequently, the application of nadariyyah al-dhari'ah (theory of means) on both of the primary documents will be analysed by using the methodology of fath al-dhari'ah (opening the means) and sadd al-dhari'ah (blocking the means). The study concludes that AAOIFI and Central Bank of Malaysia have the same approach in the implementation of tawarruq (monetization) by using the methodology of fath al-dhari'ah (opening the means) but differ in the area of the extent to which the tawarruq (monetization) is allowed to be practiced. Central Bank of Malaysia, for instance, had adopted the method of fath al-dhari'ah (opening the means) in almost all Islamic banking products such as Islamic deposit, financing and derivatives. On the other hand, AAOIFI had applied the method of sadd al-dhari'ah (blocking the means) in a very limited scope which is as the last resort to save Islamic financial institution from winding-up, suffering loss or liquidity shortage. The contribution of this dissertation is to improvise and strengthen the existing Shariah Standard issued by AAOIFI, Central Bank of Malaysia and all other related Islamic finance institutions all over the world. | ||
| 596 | |a 1 | ||
| 650 | 0 | |a Finance |x Religious aspects Islam | |
| 655 | 7 | |a Theses, IIUM local | |
| 690 | |a Dissertations, Academic |x Department of Fiqh and Usul al-Fiqh |z IIUM | ||
| 710 | 2 | |a International Islamic University Malaysia. |b Department of Fiqh and Usul al-Fiqh | |
| 856 | 4 | |u http://studentrepo.iium.edu.my/handle/123456789/6270 |z Click here to view 1st 24 pages of the thesis. Members can view fulltext at the specified PCs in the library. | |
| 900 | |a sbh-sn-naw | ||
| 999 | |c 439919 |d 471375 | ||
| 952 | |0 0 |6 T BPH 262 M4 M64 2018 |7 0 |8 THESES |9 764382 |a IIUM |b IIUM |c MULTIMEDIA |g 0.00 |o t BPH 262 M4 M64 2018 |p 11100401578 |r 2020-09-01 |t 1 |v 0.00 |y THESIS | ||
| 952 | |0 0 |6 TS CDF BPH 262 M4 M64 2018 |7 0 |8 THESES |9 857780 |a IIUM |b IIUM |c MULTIMEDIA |g 0.00 |o ts cdf BPH 262 M4 M64 2018 |p 11100401564 |r 2020-09-01 |t 1 |v 0.00 |y THESISDIG | ||