Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Tujjar International Journal of Islamic Economics Development
Ward, Tyrone Brandon
Unknown Affiliation
Religion Humanities

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Illuminating Wealth Management: Insights From Maqasid Al-Sharia Ward, Tyrone Brandon
TUJJAR INTERNATIONAL JOURNAL OF ISLAMIC ECONOMICS DEVELOPMENT Vol 1 No 2 (2023): Tujjar International Journal of Islamic Economics Development
Publisher : Universitas Muhammadiyah Pontianak

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29406/tujjar.v1i2.6048

Abstract

This paper explores the role of Maqasid al-Shariah within the framework of Islamic wealth management, shedding light on how it promotes a holistic, ethical, and sustainable approach to financial practices. Maqasid al-Shariah, a guiding principle based on the broader intentions of Islamic law, influences wealth management by infusing ethical considerations and ensuring alignment with societal benefits. Central to this is the five fundamental principles of Maqasid al-Shariah, which strive to promote welfare and justice in both worldly matters and the afterlife. This paper also elucidates the integration of these principles in wealth management practices, such as Islamic mutual funds, microfinance, and Zakat funds, and their influence on policy and governance within Islamic financial institutions. Furthermore, the paper navigates the challenges and opportunities in Islamic wealth management in light of Maqasid al-Shariah, providing strategic recommendations to reinforce Islamic finance practices, harmonize regulatory frameworks, and integrate financial technology effectively. Through the lens of Maqasid al-Shariah, the paper proposes a path forward that balances the financial, ethical, and social dimensions of Islamic wealth management. Keywords: maqasid al-Shariah, Islamic wealth management, fintech in Islamic finance
Co-Authors