The maqasid-cum-masalih theory has been developed to facilitate the Shari‘ah scholars in deducing more appropriate Islamic legal opinion(ijtihad) in Islamic banking and finance matters in light of the objectives of Shari‘ah ...

Waqf is an important instrument in a country’s economic system as it ensures that the socio-economic development can be achieved more effectively. However, there are several issues that hinder the management and development ...