5:40 PM
Mohd. Ma'sum Billah
Abstract
Modern investment activities under Shari’ah
(Islamic law) principles had promisingly been attracting both Muslim and
non-Muslim across the world ever since 1963 with a greater appreciation.
Despite such an achievement status quo there are situations when the
spirit of true Shari’ah (Islamic law) guidelines are not accurately
observed in an Islamic investment culture. This shortcoming might be due to
lack of understanding, socio-political or eco-cultural influences or less
priority to the spirit of divine principles. It is an essential factor for a true Islamic
investment to observe Shari’ah (Islamic law) standard and divine ethical
principles accurately in all aspects of the investment activities. Thus, in
this paper an attempt is made to analyze the Shari’ah (Islamic...
