文章基本信息

标题：Tawarruq as a Useful Instrument to Finance Retail the Halal Way
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作者：Zainor Nasrah Abdul Rahman ; Zainor Nasrah Abdul Rahman ; Siti Khadijah Ab Manan 等
期刊名称：Procedia - Social and Behavioral Sciences
印刷版ISSN：1877-0428
出版年度：2014
卷号：121
页码：281-290
DOI：10.1016/j.sbspro.2014.01.1129
语种：English
出版社：Elsevier
摘要：AbstractThe termhalalor permissible carries a comprehensive meaning which constituted the whole process in engaging any activity. A fried chicken for example is halal only when it is slaughtered islamically and prepared using halal ingredients. The same goes to others particularly business activity. A business is considered halal or Shariah-compliant when it used permissible financing method and involved inhalalbusiness activity. The basic premise is the Qur’anic propagation to embrace Islam wholly not partially. This paper will delve into one method of business financing namelyTawarruq. Particular emphasis is given to the use of such method in finance the retail business. The study implied that the instrument is useful for business community to get permissible financing amid the disputes by scholars on the underlying contract. Perhaps, further research is needed in scrutinizing the practice in order to improve the instrument.
关键词：Tawarruq;Finance Retail;Halal;Shariah Law;Riba’;Business Financing