http://unisep.lib.unishams.edu.my/xmlui/handle/123456789/31321 Tue, 21 Apr 2026 04:00:08 GMT 2026-04-21T04:00:08Z http://unisep.lib.unishams.edu.my/xmlui/handle/123456789/12696 Enhancing Halal Sustainability Through Maqasid Shariah Framework In Malaysian Islamic Public Equity Funds Wan Nazjmi bin Mohamed Fisol, Dr.; Siti Hafsha binti Albasri; Abdulghani Padungraksart Capital market investors in Malaysia have the choice of whether to invest in conventional funds or in Shari'ah compliant funds. However, Islamic law (Shari'ah) is concerned with the moral or ethical value of commercial transactions. Basically the Muslims are overned by the rules and regulations in respect of halal (permissible) and haram (prohibited). Hence, the objective of the study has been explored the compliant funds products which based on the Maqasid Shari'ah framework due to the five preservations or protections (Protection of Religion, Protection of Life, Protection of Intellect, Protection of Progeny and Protection of wealth). Most of the products offered and developed in should be in line with the Maqasid Shari'ah perspective as sustainable of financial planning which bring to the social well-being and impartiality for the public interest (maslahah) by taking into consideration of five preservation, namely the preservation of religion (al-ddin), the preservation of life (al-nafs), the preservation of intellect (al-'aql), the preservation of progeny (al-nasl) and the preservation of wealth (al-mal). Therefore, it is an important not only in developing Islamic equity funds as a part of industry growing but then beyond than that to fulfill the needs of Muslim as well for all the others as well as enhancing halal sustainability through Islamic equity funds products development. Tue, 01 Jan 2019 00:00:00 GMT http://unisep.lib.unishams.edu.my/xmlui/handle/123456789/12696 2019-01-01T00:00:00Z http://unisep.lib.unishams.edu.my/xmlui/handle/123456789/11907 The Scientific Methodology of Al-Quran in Islamic Finance through the Maqasid Al-Shariah Theory Wan Nazjmi bin Mohamed Fisol, Dr.; Siti Fatimah binti Dato' Wira Muhamad Nor; Siti Hafsha binti Albasri; Mohammad Tahir Cheumar, Dr. The fundamental objectives of the Shari‘ah or maqasid al-Shari‘ah are to ensure the wellbeing and welfare of mankind (maslahah; Pl. masalih), both in this world and the hereafter. Significantly, maqasid al- Shari‘ah can be seen as a comprehensive legal framework to unify the divergence of Islamic legal opinion (ijtihad) among the Muslim juristconsults (Usuliyyun) of different schools of law by using Islamic methodology or usul Fiqh. Usul al-fiqh provides the available method of Islamic legal opinion (ijtihad) and their proper use of Maqasid alShariah. It is, in fact, the heart of the Shari‘ah for it tells us how rule is derived. It also explains why each Muslim schools, namely Hanafis, Malikis, Shafi‘is and Hanbalis have a different system of Islamic legal opinion (ijtihad) that influences by using Islamic methodology. Therefore, this study has discussed on the scientific al-Quran as the methodology in Islamic Finance through the Maqasid al-Shariah Theory. Thu, 11 Apr 2019 00:00:00 GMT http://unisep.lib.unishams.edu.my/xmlui/handle/123456789/11907 2019-04-11T00:00:00Z