The jurisprudential differences about the Term credit “Al-I’timan” and credit card: Islamic and conventional perspectives

The credit in general and credit card in particular have become important instrument for individuals, merchants and banks. The use of a credit card represents a part of daily activities nowadays; therefore, it has become a duty on the Muslim jurists to clarify the Islamic legal principle (Al-Takyif)...

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Main Authors:	Mohammed Jassem Mohammed, Rahmah Ismail, Ruzian Markom
Format:	Article
Language:	English
Published:	Institut Kajian Rantau Asia Barat 2011
Online Access:	http://journalarticle.ukm.my/3282/ http://journalarticle.ukm.my/3282/ http://journalarticle.ukm.my/3282/1/v3n2-2011-4.pdf

id	ukm-3282
recordtype	eprints
spelling	ukm-32822016-12-14T06:34:12Z http://journalarticle.ukm.my/3282/ The jurisprudential differences about the Term credit “Al-I’timan” and credit card: Islamic and conventional perspectives Mohammed Jassem Mohammed, Rahmah Ismail, Ruzian Markom, The credit in general and credit card in particular have become important instrument for individuals, merchants and banks. The use of a credit card represents a part of daily activities nowadays; therefore, it has become a duty on the Muslim jurists to clarify the Islamic legal principle (Al-Takyif) for the card. Terminologies have a big impact on the jurisprudential adaptation to the extent that a new contract can be formed depending on the jurisprudential analysis. Therefore, the Muslim jurists differ in the term of credit in Islamic credit card transaction relating to the legitimate proof of the term and suitable description of credit to the card used. The jurists debated on the definition of credit card in the modern banking transaction; many of the view the term credit connotes “Al-I’timan” while others prefer “Al-Qard”. The objective of this article is to discuss comprehensively the adaptation of Islamic terminology to the credit card in the banking transaction. Islamic jurisprudential analytical approach was adopted in justifying the suitable terms of credit to credit card. It also applied the comparative approach in ascertaining the definition of credit card transaction in Islam. Finally, the discussion revealed that the term “Al-I’timan” refers to the term credit in the credit card transaction in Islam. Institut Kajian Rantau Asia Barat 2011 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/3282/1/v3n2-2011-4.pdf Mohammed Jassem Mohammed, and Rahmah Ismail, and Ruzian Markom, (2011) The jurisprudential differences about the Term credit “Al-I’timan” and credit card: Islamic and conventional perspectives. Jurnal Antarabangsa Kajian Asia Barat, 3 (2). pp. 59-81. ISSN 2229-8924 http://www.ukm.my/ijwas/
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
description	The credit in general and credit card in particular have become important instrument for individuals, merchants and banks. The use of a credit card represents a part of daily activities nowadays; therefore, it has become a duty on the Muslim jurists to clarify the Islamic legal principle (Al-Takyif) for the card. Terminologies have a big impact on the jurisprudential adaptation to the extent that a new contract can be formed depending on the jurisprudential analysis. Therefore, the Muslim jurists differ in the term of credit in Islamic credit card transaction relating to the legitimate proof of the term and suitable description of credit to the card used. The jurists debated on the definition of credit card in the modern banking transaction; many of the view the term credit connotes “Al-I’timan” while others prefer “Al-Qard”. The objective of this article is to discuss comprehensively the adaptation of Islamic terminology to the credit card in the banking transaction. Islamic jurisprudential analytical approach was adopted in justifying the suitable terms of credit to credit card. It also applied the comparative approach in ascertaining the definition of credit card transaction in Islam. Finally, the discussion revealed that the term “Al-I’timan” refers to the term credit in the credit card transaction in Islam.
format	Article
author	Mohammed Jassem Mohammed, Rahmah Ismail, Ruzian Markom,
spellingShingle	Mohammed Jassem Mohammed, Rahmah Ismail, Ruzian Markom, The jurisprudential differences about the Term credit “Al-I’timan” and credit card: Islamic and conventional perspectives
author_facet	Mohammed Jassem Mohammed, Rahmah Ismail, Ruzian Markom,
author_sort	Mohammed Jassem Mohammed,
title	The jurisprudential differences about the Term credit “Al-I’timan” and credit card: Islamic and conventional perspectives
title_short	The jurisprudential differences about the Term credit “Al-I’timan” and credit card: Islamic and conventional perspectives
title_full	The jurisprudential differences about the Term credit “Al-I’timan” and credit card: Islamic and conventional perspectives
title_fullStr	The jurisprudential differences about the Term credit “Al-I’timan” and credit card: Islamic and conventional perspectives
title_full_unstemmed	The jurisprudential differences about the Term credit “Al-I’timan” and credit card: Islamic and conventional perspectives
title_sort	jurisprudential differences about the term credit “al-i’timan” and credit card: islamic and conventional perspectives
publisher	Institut Kajian Rantau Asia Barat
publishDate	2011
url	http://journalarticle.ukm.my/3282/ http://journalarticle.ukm.my/3282/ http://journalarticle.ukm.my/3282/1/v3n2-2011-4.pdf
first_indexed	2023-09-18T19:38:21Z
last_indexed	2023-09-18T19:38:21Z
_version_	1777405423095119872

The jurisprudential differences about the Term credit “Al-I’timan” and credit card: Islamic and conventional perspectives

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