Filter by Categories
Accounting
Banking

Islamic Finance




Maslahah Mursalah


Arabic (مصلحة مرسلة) for unregulated/ unattested public interest (maslahah a’ammah) for which there is no textual authority/ reference (source of shari’ah) to judge it as valid or invalid (permissible or impermissible). Scholars usually define it as the process of seeking a benefit (maslahah) or preventing harm (mafsadah), in a way compatible with the objectives of shari’ah (maqasid al-shari’ah). It may also be used as a source of shari’ah where the primary and secondary sources are silent. An example is the introduction of Islamic banks and financial institutions into the economic life of a society.

Specific scholars define maslahah mursalah as extended analogy (extended qiyas).



ABC
The last three decades have witnessed the modern rebirth of Islamic finance both in terms of literature and practice. Islamic banks and ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*