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Philosophy and Fundamentals of Sharī’ah for Islamic Finance
SHA0011
iv. Rules relating to judiciary and evidence (13 verses)
v. Rules relating to crime and punishment (30 verses)
vi. Rules relating to constitution (10 verses)
vii. Rules relating to international relation (25 verses)
viii. Rules relating to economic system (10 verses)
b. Presentation of the rules
i. Concise Presentation of the Rules
For example :
• Permissibility of sale and prohibition of interest
(ribā)
Allāh SWT says:
“Allāh SWT has permitted trading and forbidden ribā”
(al-Baqarah 2: 275)
• Commandment of performing prayer (ṣalāh) and
paying zakāh.
Allāh SWT says:
“Be steadfast in prayer and practice regular charity (zakāh)”
(al-Baqarah 2: 43)
ii. General presentation by outlining the general principles
For example :
• Principle of consultation
Allāh SWT says:
“And consult them in affairs (of moment)”
(āli-‘Imrān 3: 159)
“Their affairs by mutual consultation”
(al-Shūra 42: 38)
• Individual Accountability
Allāh SWT says:
“No bearer of burden can bear the burden of another”
(al-An’ām 6: 164)
• Punishment in proportion of crime
Allāh SWT says:
“The recompense for injury is injury equal thereto”
(Al-Shūra 42: 40)
• Acquiring of property such as a prohibition of
acquiring property by unlawful means