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The Shari'ah basis for imposition of fees and charges in Islamic banking products and services
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Date
2015
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Abstract
This research is essentially intended to explore relevant Shari'ah principles that may underlie imposition of fees and charges in various lslamic banking products and services (IBPS). It also aims at constructing a Shari'ah parameter for imposition of fees and charges in IBPS. This is a library research in which data has been collected from various materials such as classical fiqh books, regulators' policy guidelines and journal articles. In addition, deductive and inductive rnethods have also been employed to analyze the data critically in search for conclusive findings. The expected outcomes of this research may be in the form of a Shari'ah-compliant guide for practitioners and industry players in relation to the imposition of fees and charges in various products and services under different banking portfolios.
Keywords
lslamic finance , Fees and charges , Shari'ah principles , Shari'ah parameters
Citation
Abdul Khir, M. F. (2015). The Shari'ah basis for imposition of fees and charges in Islamic banking products and services. Islam Ekonomisi Ve Finansi Dergisi, 2, 115-137.
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