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Philosophy and Fundamentals of Sharī’ah for Islamic Finance
SHA0011

The following topic depicts the Sharī’ah’s operation in safeguarding its basic
objectives. The examples given are not to be limited in scope, instead to shed
a light on the discussion.

1. Protection of Faith
Protection of faith is the most important objective of Sharī’ah that
takes priority over other objectives. It is apparent as the raison d’être
because it serves the objective of safeguarding faith. Faith is the ultimate
objective of all as it brings mankind prosperity in both worlds.

Enjoining benefit in safeguarding faith includes:
a. Observance of the different kinds of ‘ibādah, such as performing
the five prayers, fasting, paying of zakāh and performing ḥajj; and

b. Propagating the teachings of Islām (da’wah) through various
means such as writing, speeches and other relevant means.

Avoiding harm in safeguarding faith includes:
a. Severe punishment to those who belittle Sharī’ah commandments
such as, blasphemy; and
b. Enactment of jihād in defending Islamic faith against those who
attacked Islām.

Allāh SWT says:
“And fight in the Way of Allāh SWT those who fight you, but transgress
not the limits. Truly, Allāh SWT likes not the transgressor”
(al-Baqarah 2: 190)

2. Protection of Life
Life is essential as all other components of life depend on life itself.
Sharī’ah requires absolute protection of life in all circumstances regardless
of one’s status. It makes no difference between the life of the rich
and poor, leader and the subordinate, Muslim and non-muslim.

Allāh SWT says:
“O you who believe! Al-Qiṣāṣ (the law of equality in punishment) is
prescribed for you in case of murder…”
(al-Baqarah 2: 179)

Allāh SWT says:
“And do not kill the soul which Allāh has forbidden (to be killed) except
by (legal) right”
(al-’An‘ām 6: 151)