The impact of fiqh muasarah on islamic banking and finance: case studies from the Islamic world / Muhammad Irfan Imaduddin Azran … [et al.]

The principles of Fiqh Muasarah, commonly referred to as social jurisprudence, have emerged as a pivotal influence in shaping the ethical and operational landscape of Islamic banking and finance. These principles offer a distinctive perspective on the financial system, emphasizing social responsibility, justice, and equitable wealth distribution within the framework of Islamic law. As the Islamic finance industry gains prominence on the global stage, understanding the impact of Fiqh Muasarah becomes imperative, not only for industry practitioners but also for scholars seeking to grasp the multifaceted nature of this economic system.

This study explores the intricate relationship between Fiqh Muasarah and Islamic banking and finance, examining its real-world implications through case studies from various Islamic regions. By investigating these specific cases, the research aims to uncover the tangible effects of Fiqh Muasarah on the operations and outcomes of Islamic financial institutions. These case studies illustrate not only how Islamic banks and financial organizations adhere to the principles of social justice and ethical conduct but also how these principles are adaptable to diverse socio-economic contexts.