Preference of Maqasid Al-Sharia Approach by the National Sharia Board of the Indonesian Council of Ulama for Fatwa Arrangement in Banking Field

Irham Zaki, Tika Widiastuti, Qudsi Fauzi, Imroni Maward

2017

Abstract

The rapid development of Islamic banking industry in Indonesia should be appreciated since it becomes one of the forms of implementation and greatness of Islam propagation in the country with the largest Muslim population in the world. The existence of various transaction models as well as their derivation and innovation inevitably demands the concerned parties to be accommodative and selective so that these developments can be responded and searched for the solutions according to the sharia corridor. The National Sharia Board of the Indonesian Council of Ulama (DSN MUI) is the only Indonesian official institution authorized for creating Islamic economic and financial fatwa as well as monitoring the application in Islamic financial institutions such as Islamic banks, insurances, and pawnshops. This research is the library research thus the research employs the qualitative approach with the documentary study method, and the analysis is the Critical Discourse Analysis. The focus or scope of the study is limited only to the DSN fatwas in the banking field. The research results discover that the maqasid al-sharia approach becomes one of the solutions of DSN MUI consideration in solving the considered problems in the banking field.

Paper Citation

in Harvard Style

Zaki I., Widiastuti T., Fauzi Q. and Maward I. (2017). Preference of Maqasid Al-Sharia Approach by the National Sharia Board of the Indonesian Council of Ulama for Fatwa Arrangement in Banking Field.In 1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP, ISBN 978-989-758-315-5, pages 207-212. DOI: 10.5220/0007079402070212

in Bibtex Style

@conference{iciebp17,
author={Irham Zaki and Tika Widiastuti and Qudsi Fauzi and Imroni Maward},
title={Preference of Maqasid Al-Sharia Approach by the National Sharia Board of the Indonesian Council of Ulama for Fatwa Arrangement in Banking Field},
booktitle={1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP,},
year={2017},
pages={207-212},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0007079402070212},
isbn={978-989-758-315-5},
}

in EndNote Style

TY - CONF

JO - 1st International Conference on Islamic Economics, Business, and Philanthropy - Volume 1: ICIEBP,
TI - Preference of Maqasid Al-Sharia Approach by the National Sharia Board of the Indonesian Council of Ulama for Fatwa Arrangement in Banking Field
SN - 978-989-758-315-5
AU - Zaki I.
AU - Widiastuti T.
AU - Fauzi Q.
AU - Maward I.
PY - 2017
SP - 207
EP - 212
DO - 10.5220/0007079402070212