The Conceptual Idea of the Mua'Malat Fiqh Forensic in the Islamic Financial System (ePub)

This book serves as the platform to educate people at all levels to understand the fundamentals of fiqh processes pertaining especially to the conceptual idea of the globalization of the Mu'amalat fiqh forensic particularly as the guideline for the innovation of various financial products in the Islamic financial system.

The main goal of this book is to illustrate the step-by-step procedure on how an arising issue is resolved through fiqh. The heart of all fiqh issues is the identification stage. All arising issues must first be identified whether they fall under the category of qat'iy (definitive) or zanni (speculative), whether they are the matter of usul (roots) or furu' (branches), and whether they belong under the matter of ittifaq (consensus in agreement) or ikhtilaf (difference in opinion). Once all these have been properly identified, only then can the people in charge proceed with the next step of resolving the said issues.

In this current age of world without borders due to globalization, it becomes necessary for experts in the social and Islamic science fields to collaborate together to come up with a solution that simultaneously fulfills both the local and international market demands. Harmonization of these two different disciplines is difficult without proper guidance, and this book primarily strives to achieve that based on the author's background of expertise and years of experience in solving numerous fiqh issues through this harmonization method.