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Volume 3 Number 1 Year 2019

10 articles in this issue 

Said Salim al-Sinani, Mohamad Sabri Zakaria, Mohd Fuad Mohd Sawari

The study of penal clauses is one of the most important aspects that should be jurisprudentially studied and highlighted. This is because in their contracts, most of the Islamic banks have stipulated several penal conditions to preserve their financial ri... see more

Pags. 6 - 28  

Abdul Bari Awang, Amilah Awang, Hassan Suleiman, Ahmad Akram Mahmad Robbi, Faiz Hatim Hanapi

Will (wa?iyyah) is a gift of property or a gift of the benefits of property which is established after the death of the testator. It is valid irrespective of it being made in a state of health or during the final illness. It was well known before Islam, b... see more

Pags. 29 - 40  

Ali Mubarak al-Safran, Miszairi Sitiris, Arif Ali Arif

This research addresses some of the deviant customs which affect the determination of the criteria of competence in marriage as a result of variations of this determination according to the variation of time and place. The customs that are intended for re... see more

Pags. 41 - 51  

Khawla Ghouri Bachir, Abdul Bari Awang

This article discusses the waqf applications on the inheritance of women in Reguiba District of Algeria and aims to reveal the status of women in the society of Reguiba. In Reguiba, the application of endowment of inheritance is only given to males; femal... see more

Pags. 52 - 67  

Otuyo Ibrahim Jamiu

It is imperative to know that Allah didn’t create man except for specific goals and aims, nor did He send down His prophets except for performing special duties and functions. Likewise, for the rulings of the Shariah, there are aimed objectives and noble ... see more

Pags. 68 - 80  

Rusni Hassan, Fatimah Mohamad Nor

Despite considerable growth across the globe, including Malaysia, Islamic banking and finance has witnessed substantial criticism over the lack of social concern in its economic activities, which is one of the most significant elements of the objectives o... see more

Pags. 81 - 89  

Saheed Abdullahi Busari, Luqman Zakariyah, Akhtarzaite Abdul Aziz

The nascent Islamic finance industry is still facing the challenges of uncertainties in legal regimes, Shari’ah interpretations, the right of investors, and remedies in default circumstances. The event of Sukuk default is one of the significant challenges... see more

Pags. 90 - 102  

Aminu Sikiru Olanrewaju, Saheed Abdullahi Busari

Entrepreneurs, especially in developing societies, which include many Muslim countries among their fold, face a herculean task in up-scaling their businesses due to a lack of capital to procure relevant assets to grow their businesses. The world Islamic b... see more

Pags. 103 - 108  

Mohamed Hamour, Saad eldin Mansour Mohammed

The study sets out to make evident the existences of segmentation of the Islamic finance body of knowledge (BOK). The segmentation results from the combination of dependency of Islamic finance researchers on google and using Islamic finance terms (IFTs) a... see more

Pags. 109 - 116