Hiyal in Islamic finance: a recognition of genuine economic need or circumvention of Riba?
(singular of � hiyal) is an Islamic juristic term which refers to the application of acumen and ingenuity to avoid hardship in one’s commitment to Islamic rulings. It has been used as a legal device in Islamic jurisprudence to actualize a legitimate objective. Particularly, it plays a significant...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English English |
| Published: |
Emerald Group Publishing Ltd.
2017
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/62913/ http://irep.iium.edu.my/62913/ http://irep.iium.edu.my/62913/ http://irep.iium.edu.my/62913/1/62913_Hiyal%20in%20Islamic%20finance%20a%20recognition%20of%20genuine%20economic_article http://irep.iium.edu.my/62913/2/62913_Hiyal%20in%20Islamic%20finance%20a%20recognition%20of%20genuine%20economic_scopus.pdf |