Kembara Investment - What is a Financial Service System
What is Financial Services Systems ? The financial system connects those who can save money with those who can spend it. The financial services sector of the economy provides products and services to both savers and spenders inside the financial system
Kembara Islamic Finance - Categories of Sharia Sources
There are two distinct categories of Sharia sources: revealed sources and non-revealed sources. There are only two sources that have been revealed: the first is the Qur'an, and the second is the teachings and exemplary conduct of the Prophet Muhammad, whi
Kembara Islamic Finance - Ijtihad, also referred to as legal reasoning
Ijtihad, also referred to as legal reasoning Ijtihad, which literally translates to "legal reasoning," is the process of formulating laws in accordance with the teachings of the Qur'an and the traditions of the Prophet Muhammad. Ijtihad is a type of legal
Kembara Islamic Finance - Ijma
Ijma' refers to the consensus reached by Muslim jurists. The first instrument or method of Ijtihad is referred to as Ijma'. This phrase refers to the agreement reached by Muslim jurists on a specific legal matter at a specific moment in time following the
Kembara Islamic Finance - Qiyas
Qiyas is synonymous with analogous thinking. Analogical reasoning, also known as Qiyas, is the tool that is both the most important and the most useful among all of the secondary sources. Generally speaking, qiyas refers to the legal approach of extending
Islamic Finance - The origins of the law
The origins of the law The core of Islam is that its ideas and ideals are derived from a specific source. In a legal sense, the term source has more than one meaning. The term source can refer to a system's originating wellspring. For Islam and Islamic la
Islamic Finance- Combined legal sources
Islamic Finance- Combined legal sources
Islamic Finance - In Islam, the source of law is extremely important
In Islam, the source of law is extremely important. The Holy Qur'an In any legal system, the source of law is vital. The origins of Islamic law can be traced back to the revelation of the Qur'an, which contains legal concepts and injunctions on topics li
Islamic Finance - The meaning of the term "source of law" in Islam
Islamic Finance - The meaning of the term "source of law" in Islam