Abdullaah Jalil

Objektif utama kajian ini dijalankan adalah untuk mengetahui kedudukan dan perspektif syariah terhadap penggunaan unsur Islam dalam perniagaan. Tinjauan terhadap perspektif Islam merangkumi dalil-dalil yang disepakati daripada Al-Quran, As-Sunnah, Ijma’, Qiyas, dan juga kaedah Sad Az-Zarai’, maqasid syariah, fatwa-fatwa dari Muzakarah Jawatankuasa Fatwa Majlis Kebangsaan bagi Hal Ehwal Ugama Islam Malaysia dan Jawatankuasa Fatwa Negeri. Metodologi kajian adalah berbentuk kajian kepustakaan menggunakan pedekatan analisa terhadap dalil-dalil dari sumber yang disepakati dan tidak disepakati, serta pelbagai hujah sokongan daripada kitab-kitab syariah yang muktabar, artikel-artikel berkaitan yang diterbitkan dari dalam dan luar negara dan lain-lain untuk mendapatkan maklumat-maklumat penting beserta perinciannya bagi setiap permasalahan yang timbul berkaitan dengan isu penggunaan unsur agama Islam dalam perniagaan. Hasil kajian menunjukkan bahawa amalan eksploitasi agama Islam sama ada eksploitasi terhadap Al-Quran mahupun As-Sunnah adalah sesuatu yang diharamkan dan wajib ditegah oleh pihak-pihak berautoriti kerana hal ini boleh menimbulkan fitnah terhadap agama Islam, dapat memudaratkan kesihatan, bahkan dapat menggoyahkan pegangan akidah seseorang Muslim sekiranya terlalu bergantung dan mempercayai terhadap kehebatan-kehebatan produk yang dilabelkan dengan unsur-unsur agama. Oleh yang demikian, aktiviti ini perlu dibendung bagi menjaga kesucian agama Islam.   Kata kunci: Eksploitasi, Islam dan makanan Sunnah.     Abstract The main objective of this study is to find out the sharia position and perspective on the use of Islamic elements in the business. An overview of the Islamic perspective includes the dalils from Al- Quran, As-Sunnah, Ijma ', Qiyas, and  the Sad-Zarai method, the maqasid syariah, the fatwa of the Muzakarah of the National Council for Fatwa Committee for Islamic Religious Affairs Malaysia, State Fatwa Committee, Lajnah Daimah Li Al-Buhuth wa Al-Ifta, and others. This research is a library study using analytical approaches by referring to shariah books, related articles in connection with the issue of the use of Islamic religious elements in the business. The findings show that the practice of Islamic exploitation either the exploitation of the Quran or As-Sunnah is prohibited as this may lead to defamation against Islam, may harm one’s health and even may deviate the faith a Muslim. Therefore, this activity needs to be controlled in order to protect the sanctity of Islam.   Keywords: Exploitation, Islam and prophetic food.

The paper is a review of the Malaysian experience in managing the issuance and development of Islamic bonds market. It was observed that Malaysia has begun with the issuance of loan-based Islamic bonds by the Malaysian government followed by the vast and extensive issuance of sale-based Islamic bonds by both government and private corporations. However, most of the Malaysian Islamic bonds issued to date have been based on the principles of Murabahah and Al-Bai' Bithaman Ajil (BBA) that can hardly obtain the acceptance and confidence of global investors especially from the Middle-East countries. Hence, the issuance of Ijarah-based global sovereign and corporate Islamic bonds (Sukuk) took place in 2002. In general, five key factors have been recognized to develop a more comprehensive Malaysian Islamic bonds market and accelerate the progress of Malaysia's venture into the international Islamic financial arena.

Small and medium enterprises (SMEs) are the prime movers of the economy in most countries. In Malaysia, SMEs generate 99.2% of the total income for the country and contribute 40% -50% of the gross domestic product (GDP) for the country. As the world is now moving towards globalization, small and medium enterprises not only face competition among domestic market, but also from competitors abroad. With the rapid change of globalization Malaysian SMEs need a coherent business strategy to survive and compete in the global market. On the other hand, intellectual assets which comes in the form of intellectual properties (patents, industrial designs, copyrights, trademarks, geographical indications and many others) offers a great amount of benefits to those who care to protect their right and these IPR not only protect the right of the holder but may also generate more income to the enterprise by the way of commercialization. Therefore it is important for all SMEs to know how to protect, e...

The paper studies financing mechanisms used by waqf institutions in Malaysia and Singapore in developing various types of waqf properties. In Malaysia, the duty of managing and developing waqf assets is under the jurisdiction of state government through State Islamic Religious Councils (SIRCs). The problem of getting enough funds and inefficient staffs has hindered the development of a large number of waqf assets especially land waqf. In addition to traditional mode of financing such as long lease (hukr), modern schemes and self-financing have been used by the authority to develop waqf properties. The development of waqf assets in Singapore is encouraging especially after the establishment of Warees Pte Ltd: a subsidiary of Singapore Islamic Religious Council (MUIS). The source of financing is mainly generated through cash waqf contributed monthly by Muslims in Singapore. Besides that, a modern mode of financing such as sukuk musyarakah has been introduced in developing commercial b...

Islamic banking and financial institutions should be able to foresee the needs of the market and roll out Islamic financial products and services in advance of conventional products to ensure constant growth and competitiveness of Islamic banking and financial products. However, Islamic banking and financial products and services tended to duplicate the conventional ones, resulting in these products losing value and causing some confusion in their interpretation. Hence, it is essential for the Islamic financial institutions to move beyond the adaptation of conventional products and stimulate new ideas that will help the Islamic banking and financial industry nourish. The subject of Islamic financial product development covers various aspects of studies. However, this study aims to analyze the Shariah aspect of Islamic financial product development and discuss the issues arise in the process based on secondary resources. The output of this study should contribute to the advancement o...

The concept of venture capital, even in its conventional form, is very close to the equitybased Islamic financing i.e. musharakah and mudharabah. The concept offers the enterprises lower cost with other value-added services. Its positive impact on economic growth and entrepreneurship attracts Malaysian government to further develop the Malaysian venture capital industry in order foster the development of knowledgeand technology-intensive enterprises. This study is an analysis of the potential and viability of venture capital as a mode of Islamic equity financing, particularly in Malaysia, based on secondary data available in the relevant literatures. Until the end of 2004, there are only 38 VCCs and 34 VCMCs in Malaysia. This reveals that the potential of venture capital was very much underutilized in the country. The study found that Islamic venture capital could be a source of Islamic equity-based financing in comparison to the sale-based and ijarah-based financings that are more ...

The paper studies financing mechanisms used by waqf institutions in Malaysia and Singapore in developing various types of waqf properties. In Malaysia, the duty of managing and developing waqf assets is under the jurisdiction of state government through State Islamic Religious Councils (SIRCs). The problem of getting enough funds and inefficient staffs has hindered the development of a large number of waqf assets especially land waqf. In addition to traditional mode of financing such as long lease (hukr), modern schemes and self-financing have been used by the authority to develop waqf properties. The development of waqf assets in Singapore is encouraging especially after the establishment of Warees Pte Ltd: a subsidiary of Singapore Islamic Religious Council (MUIS). The source of financing is mainly generated through cash waqf contributed monthly by Muslims in Singapore. Besides that, a modern mode of financing such as sukuk musyarakah has been introduced in developing commercial b...

Small and medium enterprises (SMEs) are the prime movers of the economy in most countries. In Malaysia, SMEs generate 99.2% of the total income for the country and contribute 40% - 50% of the gross domestic product (GDP) for the country. As the world is now moving towards globalization, small and medium enterprises not only face competition among domestic market, but also from competitors abroad. With the rapid change of globalization Malaysian SMEs need a coherent business strategy to survive and compete in the global market. On the other hand, intellectual assets which comes in the form of intellectual properties (patents, industrial designs, copyrights, trademarks, geographical indications and many others) offers a great amount of benefits to those who care to protect their right and these IPR not only protect the right of the holder but may also generate more income to the enterprise by the way of commercialization. Therefore it is important for all SMEs to know how to protect, ...

Corporate waqf is usually considered as the component of cash waqf. However, Hajar et al (2011) suggested that corporate waqf should be established as an independent wadf concept. Thus, based on the suggestionm, this paper aims to reconceptualize corporate as an independent waqf concept. This paper is a theoretical study based on previous studies and researches on corporate waqf. The paper discussess corporate waqf from three different aspects; definition of corporate as independent waqf concept, models, and Shariah considerations. The study will establish corporate waqf as an independent category of waqf due to its salient characteristics and extend the understanding and concept of the corporate waqf. The novelty of this study lies on its attempt in defining the corporate waqf independently. This study also discuss the three models of the corporate waqf and deliberate on the main Shariah considerations related to the corporate waqf practice.

The aim of this study is to discover the types of use of Islamic attributes in food products’ labelling and to investigate the extent to which the use of Islamic attributes impacts the consumer and the Islamic dignity. Library research was carried out to collect relevant information and data. The materials not only limited to the English language but also cover Malay language materials. The keywords searches are ‘Prophetic Food,’ ‘Sunnah food,’ ‘Ruqyah,’ and ‘misuse of religion.’ There are various types of misuse, which is first Quranrelated such as Ruqyah, secondly Sunnah-related such as using the term Prophetic foods or the word Sunnah itself, thirdly by using Islamic icons. Fourthly, by using Islamic performance of worships such as prostration in prayers and the fifth category is using an Islamic or Muslim’s name. The last category is by using Jawi writings or Arabic terms in the label or trademark. These misapplications may lead to numerous effects, among others degrading the au...

The paper was aimed to uncover the issues encountered on Halal Food Product labelling to prevent the misuse of Islamic attributes in food products labelling and to ensure the appropriate trademarks, terms, and label used on the packaging and marketing strategy. The method used for this conceptual paper was from literature reviews from journal articles, thesis, proceedings and conferences, books, and online news, which are related to the keywords and research area. Trademarks and labels are among the crucial elements in marketing, which enable the consumer to differentiate the quality, the ingredients and will affect the consumers’ buying choice. Recently there is a trend of using Islamic attributes in food product labelling as trademarks to attract Muslim consumers. The issues encountered on halal food product labelling are the use of Quranic verses on the drink, the term “Sunnah food”, using Islamic terms such as “Masjid”, “Mukmin”, and others in food products’ trademark and label....

This study aims to propose a Shariah compliant mode of house financing named as “Adapted Mudarabah Model” or abbreviated as AMM. The proposal is made after discussing the most two common schemes for Islamic home financing i.e. BBA (Bayʿ Bithaman Ajil) dan MM (Musharakah Mutanaqisah) and their Shariah related issues. Thus, it is exploratory and conceptual in nature. This Shariah compliant financing model is proposed due to the shortfalls in the BBA and MM models where there are some unresolved and controversial Shariah and legal issues. This study uses the concept of mudarabah in this model and suggests that by implementing this model, all of the issues discussed in BBA and MM can be mitigated as the model does not require the Islamic banks to fulfill any of the conditions and obligations of counter-values. The proposal discussed in this article could contribute to the diversification of Shariah contracts for Islamic financing products. It is one of the celebrated ways in developing ...

... OF MAQASID (OBJECTIVES) AL-SHARI ' AH IN PROJECT EVALUATION ByAbdullaah Jalil Islamic University College of Malaysia Abstract The concept of maslahah and doctrine of Maqasid (objectives) al-Shari ' ah as put ...

 Total dependence on the mainstream project evaluation framework may not be able to lead Muslims to the most preferable project under the light of the Sharpah. There are several major issues pertaining to the mainstream framework that need reconsideration from the Islamic standpoint. Moreover, the mainstream framework has been developed over the years in isolation from Islamic input. In carrying out this study, the researcher has followed the descriptive method to illustrate the project evaluation framework in mainstream ...

The paper studies financing mechanisms used by waqf institutions in Malaysia and Singapore in developing various types of waqf properties. In Malaysia, the duty of managing and developing waqf assets is under the jurisdiction of state government through State Islamic Religious Councils (SIRCs). The problem of getting enough funds and inefficient staffs has hindered the development of a large number of waqf assets especially land waqf. In addition to traditional mode of financing such as long lease (hukr), modern schemes ...

Extremism is an emerging threat confronted by the Muslim world today manifested in the form of a group such as the Islamic State of Iraq and Syria (ISIS) or al-Dawlah al-Islamiyyah fi al-‘Iraq wa al-Sham (DAESH). Undoubtedly, the existence of ISIS and its violence gave negative impacts on Islam and the Muslim ummah worldwide. What is more concerning is that some Muslims in Malaysia were also influenced by ISIS and by so doing it poses threat to our national security. Thus, based on the textual analysis of ISIS document, this article seeks to examine the discourse of tawhid advocated by ISIS, considering the fact that every act committed by Muslims is usually rooted in his or her belief system. To do this, this article focuses on the discourse of tawhid as discussed in DABIQ magazine and it is chosen due to its significance since it is regarded as ISIS mouthpiece to spread its propaganda. Based on the analysis, the article identifies five key elements that constitute ISIS discourse o...

It has been observed that the efforts to rejuvenate waqf institutions in Islamic countries were participated by the corporate entities. For example, in Malaysia, Johor Corporation (JCorp) has initiated a waqf clinic in 1998 which later expanded into a corporate waqf entity known as Waqaf An-Nur Corporation Berhad (WANCorp). In other event, Majlis Agama Islam Wilayah Persekutuan (MAIWP) has collaborated with Tabung Haji to develop a Class A waqf building leased to Bank Islam Malaysia Berhad (BIMB) in 2011. Recently, Majlis Agama Islam Selangor (MAIS) and Bank Muamalat Malaysia Berhad (BMMB) have combined their efforts to develop a cash waqf fund named as Wakaf Muamalat Selangor. All these developments in waqf endeavor involving corporate entities are worth to be analyzed in order to create a new framework of waqf practice. Thus, the paper aims to identify the models of corporate waqf, and highlight the Shariah considerations on this new form of waqf. The study will establish corporate waqf as an independent category of waqf due to its salient characteristics. The novelty of this finding is against the common perception of public who consider corporate waqf as a form of cash waqf. This study suggests corporate waqf as the best form of modern waqf practice based on its vibrant nature and active roles with strong professional participation in its management.

Buku ini mengandungi hadith-hadith yang terpilih berkaitan dengan pengurusan harta dan perancangan kewangan daripada ketiga-tiga sudut Shariat: aqidah, fiqh dan tasawwuf. Daripada hadith-hadith yang telah dipilih, penulis menjadikan empat puluh (40) hadith sebagai hadith-hadith utama dan selebihnya sebagai hadith-hadith sokongan yang mempunyai kaitan dengan hadith-hadith utama.

Penulis telah cuba sedaya upaya memastikan agar hadith-hadith yang dipilih sebagai hadith-hadith utama adalah berstatus sahih atau sekurang-kurangnya hasan. Bagi hadith-hadith sokongan, hadith-hadith da’if juga dipilih selagi mana ia tidak mengandungi perkara-perkara aqidah atau elemen halal dan haram.

Sebagai tambahan faedah, penulis juga meletakkan ayat-ayat al-Quran dan kata-kata para ulama’, khususnya para sahabat RA , di tajuk-tajuk yang relevan.

Abstract The paper studies financing mechanisms used by waqf institutions in Malaysia and Singapore in developing various types of waqf properties. In Malaysia, the duty of managing and developing waqf assets is under the jurisdiction of state government through State Islamic Religious Councils (SIRCs). The problem of getting enough funds and inefficient staffs has hindered the development of a large number of waqf assets especially land waqf.

Masjid adalah merupakan syiar atau mercu tanda keagungan agama Islam. Rasulullah SAW telah meletakkan peranan masjid sebagai sebuah institusi terpenting bagi umat Islam yang terbukti dengan pembinaan masjid di Quba’ sewaktu di dalam perjalanan menuju ke Madinah dan seterusnya pembangunan Masjid Nabawi di Madinah. Pembentukan negara Islam Madinah adalah berpaksikan kepada peranan besar yang diletakkan kepada institusi masjid yang tidak hanya sebagai pusat beribadat dan menimba ilmu pengetahuan sahaja, bahkan ianya melangkaui sebagai pusat perbendaharaan negara dan pertemuan dengan delegasi-delegasi luar. Sudah tentulah satu bentuk pengurusan yang sistematik seperti pengurusan kewangan dan sumber manusia telah dilaksanakan bagi memastikan segala peranan dan tanggungjawab yang diamanahkan tersebut dapat dilakukan secara mantap dan berkesan.
Justeru, buku ini akan membincangkan dua aspek penting pengurusan kewangan masjid iaitu pendapatan dan perbelanjaan dana masjid. Satu model kewangan masjid iaitu Model Imarah MasjidTM telah dibangunkan yang menerangkan secara terperinci tatacara pengurusan pendapatan dan perbelanjaan masjid. Aspek pendapatan masjid telah dibahagikan kepada dua kategori utama iaitu pendapatan yang diperolehi dari dana umum dan pendapatan yang diperolehi dari dana khusus. Manakala perbelanjaan masjid pula dibahagikan kepada tiga kategori iaitu perbelanjaan pengurusan (idari), perbelanjaan kemasyarakatan (ijtimaci) dan pengurusan perniagaan (tijari).
Secara ringkasnya tajuk-tajuk yang dibincangkan di dalam buku ini adalah seperti berikut:
Peranan Masjid Sebagai Institusi Ekonomi Islam
Masjid dari Perspektif Fiqh
Kerangka Undang-undang bagi Masjid di Malaysia
Model Imarah Masjid TM
Fatwa-fatwa Berkaitan Pendapatan dan Perbelanjaan Masjid
Penyata Pendapatan, Perbelanjaan dan Dana Bersih Masjid
Kajian Lapangan

This book is designed to be the introductory part of Fiqh al-Muamalat by discussing the most basic concepts that should be learned before the discussion of Muamalat contracts starts.

The discussion begins with the explanation of the Fiqh al-Muamalat terms, its position in the Shariah and the Shariah doctrines related to the Muamalat matters.

Then, it discusses the four introductory theories of Fiqh al-Muamalat in details. The four theories are:
(i) The theory of legal capacity (al-ahliyyah),
(ii) The theory of property (al-mal),
(iii) The theory of ownership (al-milkiyyah) and
(iv) The theory of contract (al-aqd).

These four theories shall enlighten the reader on the required legal capacity that must be occupied by the contracting parties, the nature of property from Islamic perspective, the relationship between a property and its owner as well as the framework of Shariah-compliant contract.