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All Journal Jurnal Ilmiah Mizani: Wacana Hukum, Ekonomi Dan Keagamaan
Mesi Herawati
Diponegoro University

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Analyzing the Islamic Securities Crowdfunding System through the Lens of Maqashid Sharia Mesi Herawati
Jurnal Ilmiah Mizani: Wacana Hukum, Ekonomi Dan Keagamaan Vol 11, No 2 (2024): October
Publisher : Faculty of Sharia (Islamic Law) at Fatmawati Sukarno State Islamic University Bengkulu

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29300/mzn.v11i2.4785

Abstract

This study aims to examine the aspects of maqashid sharia in the context of the Islamic securities crowdfunding system. Employing qualitative research methods through library studies, the findings reveal that among the six management aspects in Islamic securities crowdfunding, five elements of maqashid sharia are addressed: protection of religion (hifz ad-din), protection of life (hifz an-nafs), protection of intellect (hifz al-aql), protection of lineage (hifz an-nasl), and protection of property (hifz al-mal). Nonetheless, the aspect of risk management necessitates further enhancement, as effective risk management is essential for safeguarding the interests of both investors and MSMEs regarding asset protection (hifz al-mal). By prioritizing the risk management dimension, the framework can not only uphold the maqashid sharia related to asset protection but also contribute to the overall sustainability of the Islamic securities crowdfunding financial system
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