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.
[Student Project]
(Unpublished)
Abstract
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.
Metadata
Item Type: | Student Project |
---|---|
Creators: | Creators Email / ID Num. Mazlan, Nur Adleen Maisarah 2023298804 Mohamad Razi, Nur Alieya Maisarah 2023699744 Mat Nazin, Nur Hanan 2023213616 Mohlis, Nurizzati Eliyana 2023406224 Zawawi @ Mokhtar, Nurul ‘Izzah 2023299124 Wan Sukiman, Wan Dalila Akmal 2023870496 |
Contributors: | Contribution Name Email / ID Num. Advisor Mustapha, Ahmad Murshidi UNSPECIFIED |
Subjects: | B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > Islam > Islam and economics K Law > KBP Islamic law. Sharī'ah. Fiqh > Banks and banking. Qanun al-bunuk. Stock exchange |
Divisions: | Universiti Teknologi MARA, Kelantan > Machang Campus > Academy of Contemporary Islamic Studies (ACIS) |
Programme: | Bachelor of Muamalat (Hons) |
Keywords: | Finance (Islamic law), Financial literacy, Banking law (Islamic law) |
Date: | 2024 |
URI: | https://ir.uitm.edu.my/id/eprint/119896 |
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