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All Journal Jurnal Kajian Hukum dan Sosial Al Wajiz: Journal of Sharia and Economics Studies
Abdulazeem Abozaid
Hamad Bin Khalifa University
Religion Humanities Economics, Econometrics & Finance Law, Crime, Criminology & Criminal Justice Social Sciences

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A Legal Analysis of the Sale of Sacrificial Animal Skin in the Nahdliyin Tradition: Perspectives from I‘ānat Al-Ṭālibīn and Al-Majmū‘ Syarḥ Al-Muhadzdzab Muhammad Royyan Faqih Azhary; Abdulazeem Abozaid
Al Wajiz: Journal of Sharia and Economics Studies Vol. 1 No. 2 (2026): Al Wajiz: Journal of Sharia and Economics Studies
Publisher : LPPM Ma'had Aly Sunan Drajat Lamongan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65887/alwajiz.v1i2.15

Abstract

The ritual of animal sacrifice in Islam carries both spiritual and social significance, yet contemporary practices of selling sacrificial skins have raised legal questions among Muslim communities, particularly within the Nahdliyin tradition in Indonesia. This research examines the legal ruling on selling sacrificial animal skins within the Shafi'i school of Islamic jurisprudence, focusing specifically on two authoritative classical texts, I'ānat Al-Ṭālibīn and Al-Majmū' Syarḥ Al-Muhadzdzab, and their relevance to contemporary societal practices. This study employs a library research method with a descriptive-analytical approach. Primary sources are the two aforementioned fiqh texts, while secondary sources include academic journals, fiqh books, and previous studies. Data analysis was conducted using content analysis to understand scholarly views and their application to modern practices. The findings reveal that the Shafi'i school explicitly prohibits the sale of sacrificial animal skins, as all parts of the sacrificial animal are considered integral to an act of worship and cannot be commercialized. The skin may only be used personally, lent, or given in charity without any buying and selling element. This prohibition also extends to giving the skin to a butcher as payment for slaughtering services. Although other schools, such as the Hanafi, permit selling the skin for social purposes, the Shafi'i school maintains its prohibition as a form of precaution and preservation of the sacrificial ritual's sanctity. This research underscores the importance of educating Muslims on the fiqh of sacrifice to ensure community practices align with Islamic legal principles. It offers sharia-compliant alternatives for managing sacrificial skin and analyzes the implications of the prohibition within contemporary Muslim society.
Stock Market Trading between Legal Formalities and Economic Substance: A Macro-Sharia Appraisal Abdulazeem Abozaid; Sama Elamrawy; Fuady Abdullah
Justicia Islamica Vol 23 No 2 (2026)
Publisher : Faculty of Sharia UIN Kiai Ageng Muhammad Besari Ponorogo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21154/justicia.v23i2.12466

Abstract

This study examines stock market trading from a macro-sharia perspective by grounding normative evaluation in the empirical realities of contemporary financial markets. Using descriptive empirical analysis of selected stock market indices from developed and emerging economies over the period 2005–2025, the paper explores patterns of price volatility and market behavior that characterize modern stock market trading practices. The findings indicate that persistent volatility, sharp price fluctuations, and speculative dynamics often weaken the linkage between market prices and underlying economic fundamentals, particularly in emerging markets. Building on these empirical observations, the study reassesses stock market trading in light of Shariah principles and the broader objectives of Islamic law (maqāṣid al-sharīa), emphasizing the importance of incorporating systemic outcomes and real economic effects into Shariah evaluation. The paper contributes to the Islamic finance literature by highlighting the need to move beyond purely formal assessments toward a more context-sensitive, macro-level approach.
Co-Authors Fuady Abdullah Muhammad Royyan Faqih Azhary Sama Elamrawy