Uumpress Ta'wid, Suyulah & Ibra In Islamic Financial System: International Sharia Scholar Dialogue

Ta'wid, Suyulah & Ibra 'in the Islamic Financial System: A Dialogue of International Shariah Scholars

Organizer: Mohd Zain Abd Rahman, 2014 (Hardcover)

ISBN978-967-0149-45-5, 445 pages

Publisher: Islamic Banking & Finance Institute Malaysia (IBFIM)

This book is a collection of papers presented at the International Shariah Scholars Dialogue organized by Bank Negara Malaysia (BNM) in an effort to disseminate knowledge and promote a better understanding and mutual respect of Shariah interpretation in key issues facing the Islamic finance industry. worldwide.

The focus of this book’s discussion is on Shariah issues related to the impact of differences of opinion and fatwas in Shariah decisions; the principle of damages and fines (ta’wid) in the form of property against deferment of debt payments in Islam; the importance of liquidity management (suyulah) in Islamic finance; and the principle of ibra ’in the Islamic financial system.