RISE: Humanitarian crises: the role of Islamic finance / Assoc. Prof. Dr Amirul Afif Muhamat

Muslims have been practising Islamic finance since the time of Prophet Muhammad (peace be upon him). There are disparities, in terms of products, modes of transaction, and the manner the processes are governed. Nonetheless, the raison d'être of Islamic finance is to ensure that business transa...

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Bibliographic Details
Main Author: Muhamat, Amirul Afif (Author)
Format: Book
Published: Office of the Deputy Vice-Chancellor (Research & Innovation), 2022.
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500 |a https://ir.uitm.edu.my/id/eprint/72326/1/72326.pdf 
520 |a Muslims have been practising Islamic finance since the time of Prophet Muhammad (peace be upon him). There are disparities, in terms of products, modes of transaction, and the manner the processes are governed. Nonetheless, the raison d'être of Islamic finance is to ensure that business transactions are conducted fairly for all parties involved; and the subject matter of the transactions are halal with benefits brought to mankind. This ethos is significant because Muslims consider their actions to be part of their submissions to Allah, which will be judged in the afterlife. 
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690 |a Protection, assistance and relief 
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