Application of al-Qarḍal-Ḥasan for social financing through temporary cash Waqf and Zakāh: a Maqāṣidic approach

AbstractThis research article aims to study the possibility of applying temporary cash waqf and zakāh in the contemporary world as they constitute the fundamental pillars of social financing in the Islamic financial and economic system, and they have a crucial role in ac...

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Main Authors: Ghalia, Bouhedda, Younes, Soualhi, Zulqernain, Haider Subhani, Mohd Yunus, Saidatolakma
Format: Article
Language:English
English
Published: IIUM Press 2023
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Online Access:http://irep.iium.edu.my/106362/2/106362_Application%20of%20al-Qar%E1%B8%8Dal-%E1%B8%A4asan%20for%20social%20financing%20through%20temporary%20cash%20Waqf.pdf
http://irep.iium.edu.my/106362/1/162
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spelling my.iium.irep.1063622023-08-30T04:58:26Z http://irep.iium.edu.my/106362/ Application of al-Qarḍal-Ḥasan for social financing through temporary cash Waqf and Zakāh: a Maqāṣidic approach Ghalia, Bouhedda Younes, Soualhi Zulqernain, Haider Subhani Mohd Yunus, Saidatolakma BPH Islamic Economics BPH531 Zakat BPH741 Waqf BPK Islamic law. Shari'ah. Fiqh AbstractThis research article aims to study the possibility of applying temporary cash waqf and zakāh in the contemporary world as they constitute the fundamental pillars of social financing in the Islamic financial and economic system, and they have a crucial role in achieving higher intents of Sharīʽah, like legal justice, social cooperation, and economic welfare. The problem of the research lies in the differences of opinions of scholars regarding the permissibility of applying al-qarḍ al-ḥasan on zakāh. This article attempts to employ the maqāṣid approach to give the preference among those views as well as delineating the rules and proposing suitable tools for it. Similarly, this research again takes the maqāṣid approach to offer the application of al-qarḍ al-ḥasan on temporary cash waqf. Content analysis and comparative analysis methods have been used in this research. By applying a maqāṣidic analogy between zakāh and cash waqf, the study concluded that al-qarḍ al-ḥasan is permissible to be granted through cash waqf based on the analogy of the permissibility of granting al-qarḍ al-ḥasan through zakāh. The study recommends that the proposed al-qarḍ al-ḥasan grants through zakāh and waqf be managed by governmental zakāh and waqf institutions as well as public Islamic banks for better governance. IIUM Press 2023-07-31 Article PeerReviewed application/pdf en http://irep.iium.edu.my/106362/2/106362_Application%20of%20al-Qar%E1%B8%8Dal-%E1%B8%A4asan%20for%20social%20financing%20through%20temporary%20cash%20Waqf.pdf application/pdf en cc_public_domain http://irep.iium.edu.my/106362/1/162 Ghalia, Bouhedda and Younes, Soualhi and Zulqernain, Haider Subhani and Mohd Yunus, Saidatolakma (2023) Application of al-Qarḍal-Ḥasan for social financing through temporary cash Waqf and Zakāh: a Maqāṣidic approach. International Journal of Fiqh and Usul al-Fiqh Studies, 7 (2). pp. 75-88. E-ISSN 2600-8408 https://journals.iium.edu.my/al-fiqh/index.php/al-fiqh/index
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
English
topic BPH Islamic Economics
BPH531 Zakat
BPH741 Waqf
BPK Islamic law. Shari'ah. Fiqh
spellingShingle BPH Islamic Economics
BPH531 Zakat
BPH741 Waqf
BPK Islamic law. Shari'ah. Fiqh
Ghalia, Bouhedda
Younes, Soualhi
Zulqernain, Haider Subhani
Mohd Yunus, Saidatolakma
Application of al-Qarḍal-Ḥasan for social financing through temporary cash Waqf and Zakāh: a Maqāṣidic approach
description AbstractThis research article aims to study the possibility of applying temporary cash waqf and zakāh in the contemporary world as they constitute the fundamental pillars of social financing in the Islamic financial and economic system, and they have a crucial role in achieving higher intents of Sharīʽah, like legal justice, social cooperation, and economic welfare. The problem of the research lies in the differences of opinions of scholars regarding the permissibility of applying al-qarḍ al-ḥasan on zakāh. This article attempts to employ the maqāṣid approach to give the preference among those views as well as delineating the rules and proposing suitable tools for it. Similarly, this research again takes the maqāṣid approach to offer the application of al-qarḍ al-ḥasan on temporary cash waqf. Content analysis and comparative analysis methods have been used in this research. By applying a maqāṣidic analogy between zakāh and cash waqf, the study concluded that al-qarḍ al-ḥasan is permissible to be granted through cash waqf based on the analogy of the permissibility of granting al-qarḍ al-ḥasan through zakāh. The study recommends that the proposed al-qarḍ al-ḥasan grants through zakāh and waqf be managed by governmental zakāh and waqf institutions as well as public Islamic banks for better governance.
format Article
author Ghalia, Bouhedda
Younes, Soualhi
Zulqernain, Haider Subhani
Mohd Yunus, Saidatolakma
author_facet Ghalia, Bouhedda
Younes, Soualhi
Zulqernain, Haider Subhani
Mohd Yunus, Saidatolakma
author_sort Ghalia, Bouhedda
title Application of al-Qarḍal-Ḥasan for social financing through temporary cash Waqf and Zakāh: a Maqāṣidic approach
title_short Application of al-Qarḍal-Ḥasan for social financing through temporary cash Waqf and Zakāh: a Maqāṣidic approach
title_full Application of al-Qarḍal-Ḥasan for social financing through temporary cash Waqf and Zakāh: a Maqāṣidic approach
title_fullStr Application of al-Qarḍal-Ḥasan for social financing through temporary cash Waqf and Zakāh: a Maqāṣidic approach
title_full_unstemmed Application of al-Qarḍal-Ḥasan for social financing through temporary cash Waqf and Zakāh: a Maqāṣidic approach
title_sort application of al-qarḍal-ḥasan for social financing through temporary cash waqf and zakāh: a maqāṣidic approach
publisher IIUM Press
publishDate 2023
url http://irep.iium.edu.my/106362/2/106362_Application%20of%20al-Qar%E1%B8%8Dal-%E1%B8%A4asan%20for%20social%20financing%20through%20temporary%20cash%20Waqf.pdf
http://irep.iium.edu.my/106362/1/162
http://irep.iium.edu.my/106362/
https://journals.iium.edu.my/al-fiqh/index.php/al-fiqh/index
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