Diversity of Shariah Rules

November 25th, 2010

I was making a paper assignment about standardization for diversity of Shariah Rules especially for Islamic Finance.  I think it’s great to share why there is a diversity in Islamic Shariah Rules , I just put the introduction ok 🙂 (it will be too long to publish in here):

Introduction

Diversity in Shariah rules is mean to be different legal understanding given by madhahib school which have interpreted the Shariah in the light of the needs and realities of their time. but this level of plurality does not alter the fact that there is only one Shariah , which is manifested in the clear textual injunctions of the Qur’an and Sunnah. (Dr. Muhammed Hashim Kamali, 1998) From a study of Usul fiqh, we come to know the methods of different Imam’s principles in interpretations of the Quran and Sunnah. Law touches a very deep level of human existence such as one we will discuss is financial transactions which from an Islamic perspective is referred to as fiqh muamalat, that branch of Islamic jurisprudence that is concerned with commerce and other economic activities.

to be continue : the need for the standardization