The role of custom in determining the provisions of Islamic financial transactions
Custom plays an important role in determining the rules for financial transactions in Islam. It serves as an indirect source for understanding and applying Islamic legal texts in matters where there is no specific text, or for interpreting texts in accordance with prevailing customs, provided that c...
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| Main Authors: | , , , , , |
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| Format: | Student Project |
| Language: | en |
| Published: |
2024
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/119896/1/119896.pdf https://ir.uitm.edu.my/id/eprint/119896/ |
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| _version_ | 1838943180497616896 |
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| author | Mazlan, Nur Adleen Maisarah Mohamad Razi, Nur Alieya Maisarah Mat Nazin, Nur Hanan Mohlis, Nurizzati Eliyana Zawawi @ Mokhtar, Nurul ‘Izzah Wan Sukiman, Wan Dalila Akmal |
| author_facet | Mazlan, Nur Adleen Maisarah Mohamad Razi, Nur Alieya Maisarah Mat Nazin, Nur Hanan Mohlis, Nurizzati Eliyana Zawawi @ Mokhtar, Nurul ‘Izzah Wan Sukiman, Wan Dalila Akmal |
| author_sort | Mazlan, Nur Adleen Maisarah |
| building | Tun Abdul Razak Library |
| collection | Institutional Repository |
| content_provider | Universiti Teknologi Mara |
| content_source | UiTM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | Custom plays an important role in determining the rules for financial transactions in Islam. It serves as an indirect source for understanding and applying Islamic legal texts in matters where there is no specific text, or for interpreting texts in accordance with prevailing customs, provided that custom does not contradict definitive texts. Custom is used to interpret contracts, adapt new transactions, and fill legislative gaps, provided it is clear, stable, and consistent with the principles of justice. Examples of this include determining workers' wages or delivery deadlines in sales based on custom, or regulating modern contracts such as bank credits in accordance with Sharia regulations. |
| format | Student Project |
| id | my.uitm.ir-119896 |
| institution | Universiti Teknologi Mara |
| language | en |
| publishDate | 2024 |
| record_format | eprints |
| spelling | my.uitm.ir-1198962025-07-24T06:50:37Z https://ir.uitm.edu.my/id/eprint/119896/ The role of custom in determining the provisions of Islamic financial transactions Mazlan, Nur Adleen Maisarah Mohamad Razi, Nur Alieya Maisarah Mat Nazin, Nur Hanan Mohlis, Nurizzati Eliyana Zawawi @ Mokhtar, Nurul ‘Izzah Wan Sukiman, Wan Dalila Akmal Islam and economics Banks and banking. Qanun al-bunuk. Stock exchange Custom plays an important role in determining the rules for financial transactions in Islam. It serves as an indirect source for understanding and applying Islamic legal texts in matters where there is no specific text, or for interpreting texts in accordance with prevailing customs, provided that custom does not contradict definitive texts. Custom is used to interpret contracts, adapt new transactions, and fill legislative gaps, provided it is clear, stable, and consistent with the principles of justice. Examples of this include determining workers' wages or delivery deadlines in sales based on custom, or regulating modern contracts such as bank credits in accordance with Sharia regulations. 2024 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/119896/1/119896.pdf Mazlan, Nur Adleen Maisarah and Mohamad Razi, Nur Alieya Maisarah and Mat Nazin, Nur Hanan and Mohlis, Nurizzati Eliyana and Zawawi @ Mokhtar, Nurul ‘Izzah and Wan Sukiman, Wan Dalila Akmal (2024) The role of custom in determining the provisions of Islamic financial transactions. (2024) [Student Project] (Unpublished) |
| spellingShingle | Islam and economics Banks and banking. Qanun al-bunuk. Stock exchange Mazlan, Nur Adleen Maisarah Mohamad Razi, Nur Alieya Maisarah Mat Nazin, Nur Hanan Mohlis, Nurizzati Eliyana Zawawi @ Mokhtar, Nurul ‘Izzah Wan Sukiman, Wan Dalila Akmal The role of custom in determining the provisions of Islamic financial transactions |
| title | The role of custom in determining the provisions of Islamic financial transactions |
| title_full | The role of custom in determining the provisions of Islamic financial transactions |
| title_fullStr | The role of custom in determining the provisions of Islamic financial transactions |
| title_full_unstemmed | The role of custom in determining the provisions of Islamic financial transactions |
| title_short | The role of custom in determining the provisions of Islamic financial transactions |
| title_sort | role of custom in determining the provisions of islamic financial transactions |
| topic | Islam and economics Banks and banking. Qanun al-bunuk. Stock exchange |
| url | https://ir.uitm.edu.my/id/eprint/119896/1/119896.pdf https://ir.uitm.edu.my/id/eprint/119896/ |
| url_provider | http://ir.uitm.edu.my/ |