Claim Missing Document
Check
Articles

Found 3 Documents
Search
Journal : Demak Universal Journal of Islam and Sharia

Development of Islamic Banking in Rajshahi Bangladesh: An Exploratory and Existence Study Omor Faruk; Mahama-irfan Jehyeh; Mohammad Panah alias Faraz Ahmed; Abdulrohim E-sor; Afiyah, Ishmah; Nuha
Demak Universal Journal of Islam and Sharia Vol. 3 No. 01 (2025): Main Thema: The Transformation of Islamic Law in Modern Society Through Fiqh,
Publisher : Walidem Institute and Publishing (WIP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61455/deujis.v3i01.262

Abstract

Objective: This study aims to explore the development, effectiveness, and challenges of Islamic banking services in the Rajshahi region and analyze their contribution to economic development, job creation, and social justice. Islamic banking, based on ethical and interest-free principles, has become an integral part of the region's financial landscape. The study also evaluates how Islamic banking aligns with the cultural, ethical, and economic needs of the local community. Theoretical framework: The theoretical framework of this research is grounded in Islamic economic principles, which promote financial inclusion, distributive justice, and ethically driven economic development. Literature Review: Previous literature highlights the potential of Islamic banking to empower communities economically, despite challenges such as limited public awareness, regulatory constraints, and operational limitations. Methods: The study employs a mixed-method approach, combining primary data collected through surveys and interviews, with secondary data analysis of relevant literature. Surveys were conducted with Islamic banking customers in the Rajshahi region, while interviews involved practitioners and experts in the field. Results: The findings reveal that public trust in Islamic banking in Rajshahi is steadily increasing, resulting in a positive impact on regional economic growth. Islamic banking services have proven effective in fostering community economic empowerment and promoting equitable financial practices. However, barriers such as insufficient awareness, regulatory hurdles, and operational infrastructure constraints continue to hinder the full realization of its potential. Implications: The implications of this study emphasize the need for structural reforms to enhance the effectiveness of Islamic banking services. These reforms include improving financial literacy on Islamic banking, streamlining regulations, and strengthening the operational capacity of financial institutions. Novelty: The novelty of this research lies in its integrated analysis of the social, cultural, and economic dimensions of Islamic banking in Rajshahi and its strategic recommendations for maximizing its contribution to sustainable development. This study provides valuable insights for policymakers, financial institutions, and researchers in fostering a robust and inclusive Islamic banking system, ensuring it becomes a key pillar of regional economic development.
Zakat as a Legal Obligation in Sharia within the Context of Contemporary Taxation Systems Alwy Ahmed Mohamed; Abdulrohim E-sor
Demak Universal Journal of Islam and Sharia Vol. 3 No. 02 (2025): Main Thema: Sharia in the Digital Era with Ethical Responses Legal Innovations
Publisher : Walidem Institute and Publishing (WIP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61455/deujis.v3i02.345

Abstract

Objective: This study aims to investigate the feasibility and implications of integrating Zakat, an Islamic obligatory almsgiving system, into modern state taxation structures within Muslim-majority countries. Theoretical framework: The research is grounded in two complementary theoretical frameworks: fiscal sociology, which explores how taxation reflects socio-legal norms, and Islamic economic theory, which emphasizes wealth redistribution through moral and religious obligations.  Literature review: The literature review highlights that while scholars such as Yusuf al-Qaradawi, Monzer Kahf, and Habib Ahmed have extensively discussed zakat’s socio-economic role, there remains a gap in practical models that link zakat to national tax regimes without compromising Sharia principles or state fiscal efficiency. The coexistence of these systems often leads to conceptual confusion and administrative inefficiencies, particularly in countries like Malaysia, Indonesia, Pakistan, and Saudi Arabia. Methods: Methodologically, this research adopts a qualitative, comparative legal and economic approach, drawing on policy documents, legal statutes, and case studies from selected Muslim-majority countries. It critically examines institutional frameworks, public finance policies, and compliance behavior, while also employing doctrinal analysis of maqāṣid al-sharīʿah (objectives of Islamic law) to assess religious alignment. Results: The findings reveal that integration is hampered by legal fragmentation, institutional redundancy, and low public trust. However, models that incorporate zakat into the tax system—either through deductions, exemptions, or parallel recognition—demonstrate improved compliance, reduced welfare burdens on the state, and enhanced civic participation rooted in religious ethics. The study proposes a Hybrid Integration Framework comprising legal recognition, digital registries, transparent oversight, taxpayer choice mechanisms, and intersectoral collaboration. Implications: The implications of this research are significant for policymakers seeking to harmonize Sharia-based obligations with secular governance systems. By fostering synergy between religious mandates and public finance tools, this study offers a pathway toward more equitable and accountable fiscal models. Novelty: The novelty of this study lies in its dual-theoretical lens and the practical policy framework it develops for integrating religious and civic financial duties in a way that aligns with both ethical and administrative imperatives.
Sharia Pharmacy: Ethical Perspectives on Generic Drug Use in Contemporary Medical Practice Meia Yevi Setyawati; Nisa Rahmadila Rizqi; Arham Agusto; Syifa Al Haninah; Aninditya Ayu Oktaviani; Abdulrohim E-sor; Hamzah Al-Haqqoni
Demak Universal Journal of Islam and Sharia Vol. 3 No. 02 (2025): Main Thema: Sharia in the Digital Era with Ethical Responses Legal Innovations
Publisher : Walidem Institute and Publishing (WIP)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61455/deujis.v3i02.257

Abstract

Objective:  To analyze the relationship between modern pharmaceutical practices and Sharia principles, focusing on the halal compliance of generic drugs, and to explore how these principles enhance accessibility, fairness, and ethical integrity in healthcare. Theoretical framework: This study is grounded in Sharia pharmacy principles, emphasizing Islamic ethics (halal, fairness, and social responsibility) as well as the balance of benefits and risks in modern pharmaceutical practices. Literature review: The review includes studies on the development and use of generic drugs in Indonesia, the integration of halal certification in pharmaceutical production, and the ethical considerations in Sharia-compliant healthcare systems. Methods: A qualitative approach analyzing regulations, halal certification standards, and ethical guidelines in Sharia pharmacy, combined with a conceptual analysis of the alignment between generic drug practices and Islamic values. Results: The findings highlight that generic drugs, when produced according to halal principles, provide both affordability and ethical assurance. The study confirms the importance of halal certification to ensure the suitability of pharmaceutical products for the Muslim community and the alignment of modern practices with Sharia ethics. Implications: The study suggests the need for stronger collaboration between pharmaceutical companies, halal certification bodies, and healthcare professionals to ensure the integrity and accessibility of Sharia-compliant medicines in Indonesia. Novelty: This research uniquely bridges the gap between modern pharmaceutical practices and Sharia ethics, offering a comprehensive perspective on how generic drugs can fulfill both economic and religious requirements in the healthcare system.