Al-Dhara'i and Maqasid al-Shariah: a case study of Islamic insurance

This paper aims at exploring the concept of al-dhara'i in its broad meaning, both at the preventive and proactive levels (sadd and fath aldhara'i). The application of al-dhara'i at both levels plays a significant role as a practical mechanism towards the realisation of maqasid, due t...

Full description

Bibliographic Details
Main Author: Abdul Aziz, Akhtarzaitie
Format: Article
Language:English
Published: IIUM Press 2010
Subjects:
Online Access:http://irep.iium.edu.my/13360/
http://irep.iium.edu.my/13360/
http://irep.iium.edu.my/13360/1/161.pdf
id iium-13360
recordtype eprints
spelling iium-133602011-12-28T01:24:56Z http://irep.iium.edu.my/13360/ Al-Dhara'i and Maqasid al-Shariah: a case study of Islamic insurance Abdul Aziz, Akhtarzaitie HG8011 Insurance This paper aims at exploring the concept of al-dhara'i in its broad meaning, both at the preventive and proactive levels (sadd and fath aldhara'i). The application of al-dhara'i at both levels plays a significant role as a practical mechanism towards the realisation of maqasid, due to the cause effect relationship between means and objectives. Thus, the legality or the Shariah value of an act could be determined based on its possible results in procuring benefits and/or preventing harm. Islamic Insurance has been considered a new development in fiqh al-muamalat. The current debate is not on the question of legality of insurance as a concept and practice but rather to provide an Islamic model of insurance that conforms to the criteria of the Shariah that helps realise its objectives. Due to the unavailability of direct texts on this issue, some practical aspects of insurance depend largely upon the predominance of either beneficial or evil ends. This paper will, therefore, look into some controversial issues prevailing in insurance practice and an attempt will be made to review the issues within the framework of realisation of Maqasid al-Shariah via the application of dhara'i both at preventive and proactive levels. IIUM Press 2010 Article NonPeerReviewed application/pdf en http://irep.iium.edu.my/13360/1/161.pdf Abdul Aziz, Akhtarzaitie (2010) Al-Dhara'i and Maqasid al-Shariah: a case study of Islamic insurance. Intellectual Discourse, 18 (2). pp. 261-281. ISSN 0128-4878 http://www.iium.edu.my/intdiscourse/index.php/islam/article/view/161/161
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic HG8011 Insurance
spellingShingle HG8011 Insurance
Abdul Aziz, Akhtarzaitie
Al-Dhara'i and Maqasid al-Shariah: a case study of Islamic insurance
description This paper aims at exploring the concept of al-dhara'i in its broad meaning, both at the preventive and proactive levels (sadd and fath aldhara'i). The application of al-dhara'i at both levels plays a significant role as a practical mechanism towards the realisation of maqasid, due to the cause effect relationship between means and objectives. Thus, the legality or the Shariah value of an act could be determined based on its possible results in procuring benefits and/or preventing harm. Islamic Insurance has been considered a new development in fiqh al-muamalat. The current debate is not on the question of legality of insurance as a concept and practice but rather to provide an Islamic model of insurance that conforms to the criteria of the Shariah that helps realise its objectives. Due to the unavailability of direct texts on this issue, some practical aspects of insurance depend largely upon the predominance of either beneficial or evil ends. This paper will, therefore, look into some controversial issues prevailing in insurance practice and an attempt will be made to review the issues within the framework of realisation of Maqasid al-Shariah via the application of dhara'i both at preventive and proactive levels.
format Article
author Abdul Aziz, Akhtarzaitie
author_facet Abdul Aziz, Akhtarzaitie
author_sort Abdul Aziz, Akhtarzaitie
title Al-Dhara'i and Maqasid al-Shariah: a case study of Islamic insurance
title_short Al-Dhara'i and Maqasid al-Shariah: a case study of Islamic insurance
title_full Al-Dhara'i and Maqasid al-Shariah: a case study of Islamic insurance
title_fullStr Al-Dhara'i and Maqasid al-Shariah: a case study of Islamic insurance
title_full_unstemmed Al-Dhara'i and Maqasid al-Shariah: a case study of Islamic insurance
title_sort al-dhara'i and maqasid al-shariah: a case study of islamic insurance
publisher IIUM Press
publishDate 2010
url http://irep.iium.edu.my/13360/
http://irep.iium.edu.my/13360/
http://irep.iium.edu.my/13360/1/161.pdf
first_indexed 2023-09-18T20:22:32Z
last_indexed 2023-09-18T20:22:32Z
_version_ 1777408202999070720