THE FIQH MAXIM AL-GHUNM BI AL-GHURM: A CRITIQUE ON INTERPRETATION OF THE MAXIM RELATING TO THE RISK-RETURN CONCEPT IN ISLAMIC BANKING AND FINANCE
Purpose — This paper aims to critically review the interpretation of the fiqh maxim al-ghunm bi al-ghurm, which, while being associated with the risk-return concept, is widely adopted in the Islamic banking and finance industry. Tracing back to the doctrinal sources of Sharīʿah (Islamic law), the re...
| Published in: | ISRA International Journal of Islamic Finance |
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| Main Author: | |
| Format: | Article |
| Language: | English |
| Published: |
International Shari’ah Research Academy for Islamic Finance (ISRA)
2024
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| Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85203812211&doi=10.55188%2fijif.v16i2.412&partnerID=40&md5=760d599c96e8b819ec59b7e70cfc6c25 |