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, which are referred to as the Sunna. The legitimacy of the Sunnah as a source of Shariah, second only to the Qur'an, is established by the text of the Qur'an itself. The non-revealed sources of Shariah are generally founded in juristic reasoning and can take on a variety of forms. These forms include analogical reasoning (Qiyas), juristic preference (Istihsan), considerations of public interest (Istislah), and even broad consensus (Ijma) among the learned. "It is generally accepted that the non-revealed sources of Shariah are founded in juristic reasoning.
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