Application of al-Qarḍal-Ḥasan for social financing through temporary cash Waqf and Zakāh: a Maqāṣidic approach

Ghalia, Bouhedda and Younes, Soualhi and Zulqernain, Haider Subhani and Mohd Yunus, Saidatolakma (2023) Application of al-Qarḍal-Ḥasan for social financing through temporary cash Waqf and Zakāh: a Maqāṣidic approach. International Journal of Fiqh and Usul al-Fiqh Studies, 7 (2). pp. 75-88. E-ISSN 2600-8408

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Abstract

AbstractThis research article aims to study the possibility of applying temporary cash waqf and zakāh in the contemporary world as they constitute the fundamental pillars of social financing in the Islamic financial and economic system, and they have a crucial role in achieving higher intents of Sharīʽah, like legal justice, social cooperation, and economic welfare. The problem of the research lies in the differences of opinions of scholars regarding the permissibility of applying al-qarḍ al-ḥasan on zakāh. This article attempts to employ the maqāṣid approach to give the preference among those views as well as delineating the rules and proposing suitable tools for it. Similarly, this research again takes the maqāṣid approach to offer the application of al-qarḍ al-ḥasan on temporary cash waqf. Content analysis and comparative analysis methods have been used in this research. By applying a maqāṣidic analogy between zakāh and cash waqf, the study concluded that al-qarḍ al-ḥasan is permissible to be granted through cash waqf based on the analogy of the permissibility of granting al-qarḍ al-ḥasan through zakāh. The study recommends that the proposed al-qarḍ al-ḥasan grants through zakāh and waqf be managed by governmental zakāh and waqf institutions as well as public Islamic banks for better governance.

Item Type:	Article (Journal)
Uncontrolled Keywords:	Temporary Cash Waqf, Zakāh, al-Qarḍal-Ḥasan, Social Financing, Maqāṣid al-Sharīʽah.
Subjects:	BPH Islamic Economics BPH Islamic Economics > BPH531 Zakat BPH Islamic Economics > BPH741 Waqf BPK Islamic law. Shari'ah. Fiqh
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Islamic Revealed Knowledge and Human Sciences > Department of Fiqh and Usul al-Fiqh
Depositing User:	Assoc. Pro Bouhedda Ghalia
Date Deposited:	30 Aug 2023 11:01
Last Modified:	30 Aug 2023 12:58
URI:	http://irep.iium.edu.my/id/eprint/106362

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