The authority of the Qur’an and its applications in financial transactions

Mohd Saidin Hadri, Maryam Hanani and Badrul Hisam, Kasih Khadeeja and Azmi, Nur Aleeya Balqis and Samsudin, Nur Alya Aqila and Muhammad Nawi, Nur Sabrina (2024) The authority of the Qur’an and its applications in financial transactions. [Student Project] (Unpublished)

Abstract

The Qur’an is the last revelation sent down to the Prophet Muhammad, may God bless him and grant him peace, to serve as a guide for human life.
The authenticity and purity of the Qur'an has been preserved from the time of its revelation until today, making it the only holy book that has not been subjected to any alteration or distortion. In the context of Islamic finance, the principles contained in the Qur'an play an important role in shaping a fair, transparent, and ethical financial system. By following the teachings of the Qur'an, concepts such as usury, gharar, and gambling can be avoided, while promoting practices such as justice, trust, and virtue, understanding the authenticity of the Quran and applying its principles to Islamic finance is essential for developing a financial system that not only meets economic needs but is also based on high spiritual and ethical values.

Metadata

Item Type: Student Project
Creators:
Creators
Email / ID Num.
Mohd Saidin Hadri, Maryam Hanani
2023436046
Badrul Hisam, Kasih Khadeeja
2023699316
Azmi, Nur Aleeya Balqis
2023277568
Samsudin, Nur Alya Aqila
2023406608
Muhammad Nawi, Nur Sabrina
2023226742
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, Interest (Islamic law)
Date: 2024
URI: https://ir.uitm.edu.my/id/eprint/120642
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