{"title":"A Proposal to Distinguish Sharīʿah commercial-debt-financing from Fictitious","authors":"Mohammed I. Al-Suhaibani Mohammed I. Al-Suhaibani","doi":"10.4197/islec.35-3.4","DOIUrl":null,"url":null,"abstract":"This paper provides some observations on the economic maxim proposed by Zarqa to distinguish financial products based on Sharīʿahh- compliant commercial debts from usury-based financing and products, along a proposal to systemize the rule in a way that excludes prohibited financial products using deceitful contracts.","PeriodicalId":39159,"journal":{"name":"Journal of King Abdulaziz University, Islamic Economics","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2022-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of King Abdulaziz University, Islamic Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4197/islec.35-3.4","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 0
Abstract
This paper provides some observations on the economic maxim proposed by Zarqa to distinguish financial products based on Sharīʿahh- compliant commercial debts from usury-based financing and products, along a proposal to systemize the rule in a way that excludes prohibited financial products using deceitful contracts.
期刊介绍：
The aims and scope of the journal include: -To develop the emerging paradigm of Islamic economics on scientific lines through publishing original works in this field that pass its peer review process. -To promote dialogue and discussion on current issues in the fields of Islamic economics and finance among the international community of scholars. -To encourage empirical research on Islamic finance, takaful, zakah, awqaf and other Islamic institutions including case studies from Muslim economies. -Contemporary global economic issues viewed from an Islamic perspective. To publish book reviews of important works published in the field, including books in conventional economics, business and finance having some connection with Islamic economics and/or finance.
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