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Wealth Planning Parameters Based on Maqāṣid Al-Sharīʻah According to Ibn ʻĀshūr’s View: A Preliminary Study

Year 2021, Volume: 7 Issue: 1, 31 - 46, 19.03.2021
https://doi.org/10.25272/ijisef.841295

Abstract

Making early planning on properties owned is indeed something that is encouraged in Islam. However, the absence of a specific guideline in the implementation of wealth planning has caused several issues. The consequences of these issues have resulted in the failure to enforce the intended wealth planning. In some cases, after being tried in court, the wealth plans have been declared as void by the court. This study, therefore, aims to suggest the appropriate parameters which may be used as the basis and guidelines by property owners, especially Muslims, in ensuring compliance of wealth planning with the correct methods and requirements of Islamic law. Generally, this study adopts a qualitative approach with content analysis to obtain the required information and data. The results of the study found that the discussion of maqāṣid al-sharīʻah involving tabarruʻ contracts by Ibn ʻĀshūr in his book Maqāṣid al-Sharīʻah al-Islāmiyyah is suitable to be used as the basis and main consideration for the formation of wealth planning parameters for Muslims. The application of wealth planning parameters based on maqāṣid al-sharīʻah may help Muslims in particular to make proper wealth planning that complies with the principles of Syariah, while at the same time realizes the wishes and expectations of the property owners therefrom.

Supporting Institution

Ministry of Higher Education Malaysia (MOHE)

Project Number

FP063-2018A (Fundamental Research Grant Scheme)

References

  • ‘Abd al-Karīm Zaydān. (2012). al-Madkhal li Dirāsah al-Sharīʻah al-Islāmiyyah. Bīrūt: Muassasah al-Risālah Nāshirun.
  • Abdullah Muhamad. (2016), “Pengamanahan Harta Orang Islam di Malaysia”, in Harta Amanah Orang Islam di Malaysia, Siti Mashitoh Mahamood (Ed.), Kuala Lumpur: Penerbit Universiti Malaya.
  • Adilah Mohd Sa’afie and Mohd Zamro Muda. (2018), “Garis Panduan Dalam Penyediaan Borang Hibah di Mahkamah Tinggi Syariah”, Journal of Contemporary Islamic Law, Vol. 3 No. 1, p1-7.
  • ‘Alī Ḥaydar. (2003). Durar al-Ḥukkām Sharḥ Majallat al-Aḥkām. Riyāḍ: Dār ʻĀlim al-Kutub.
  • Azman Mohd Noor dan Mohamad Sabri Zakaria, (2010), “Takaful: Analisis Terhadap Konsep dan Akad”, Jurnal Muamalat, Vol. 3, p1-28.
  • Al-Bukhārī, Abū ʻAbd Allah Muḥammad bin Ismāʻīl. (2002), “Ṣaḥīḥ al- Bukhārī”, in Mawsū’āt al Ḥadīth. Bīrūt: Dār Ibn-Kathīr.
  • Daud, M. Z., Rosland, A., & Hasbulah, M. H. (2015), “Kepentingan dan Keperluan Perancangan Harta dalam Islam: Penilaian Menurut Perspektif Maqāṣid al-Sharīʻah”, Journal of Muamalat and Islamic Finance Research (JMIFR), Vol. 12 No. 1, p69-88.
  • Halim, A. H., Ahmad Bustami, T. A. (2017), “Pelaksanaan Hibah Amanah Sebagai Suatu Instrumen Pengurusan Harta Islam Di Malaysia”, Kanun: Jurnal Undang-Undang Malaysia, Vol. 29 No. 2, p310-335.
  • Heru Susanto. (2017), “Maqasid al-Shariah on Wakaf System”, Hunafa: Jurnal Studia Islamika, Vol. 14 No. 2, p327-345.
  • Ibn ‘Ābidīn, Muḥammad Amīn. (2003). Radd al-Muḥtār ʻalā al-Darr al-Mukhtār Sharḥ Tanwīr al-Abṣār. Riyāḍ: Dār ‘Ālim al-Kutub.
  • Ibn ʻĀshūr, Muḥammad Ṭāhir (2011). Maqāṣid al-Sharīʻah al-Islāmiyyah. al-Urdun: Dār alNafāis.
  • Al-Jazīrī, ʻAbd al-Raḥman. (2003). Kitāb al-Fiqh ʻalā al-Madhāhib al-Arbaʻah. Bīrūt: Dār alKutub al-ʻIlmiyyah.
  • Kamarudin, Mohd Khairy and Nor Muhamad, Nasrul Hisyam. (2018), “Islamic Estate Planning and Management: Malaysian Experience”, International Journal of Management Applications, Vol. 1 No. 1, p8-16.
  • Muslim, Abū al-Ḥusayn Muslim bin al-Ḥajjāj al-Qushayrī al-Naysābūrī. (2006), “Ṣaḥīḥ Muslim”, in Mawsū’āt al- Ḥadīth. Riyāḍ: Dār Ṭaybah.
  • Al-Nawawī, Muḥyiddīn Abū Zakariyyā Yaḥya ibn Sharaf. (2005). Minhāj al-Tālibīn wa ʻUmdat al-Muftīn. Bīrūt: Dār al-Minhāj.
  • Al-Naysābūrī, Abū ʻAbd Allah Muḥammad bin ʻAbd Allah. (2002). al-Mustadrak ʻalā alṢaḥīḥayn. Bīrūt: Dār al-Kutub al-‘Ilmiyyah.
  • Othman Yaacob. (2016), “Pembentukan Trust Hibah Sebagai Alternatif Perancangan Harta”, in Harta Amanah Orang Islam di Malaysia, Siti Mashitoh Mahamood (Ed.), Kuala Lumpur: Penerbit Universiti Malaya.
  • Al-Raysūnī, Aḥmad. (1995). Naẓariyyah al-Maqāṣid ʻinda al-Imām al-Shāṭibī. Herndon: alMaʻhad al-ʻĀlimī li al-Fikr al-Islāmī.
  • Shaikh, S.A., Ismail, A.G. and Mohd Shafiai, M. H. (2017), “Application of Waqf for Social and Development Finance”, ISRA International Journal of Islamic Finance, Vol. 9 No. 1, p5-14.
  • Al-Sharbīnī, Shams al-Dīn Muḥammad bin Muḥammad al-Khaṭīb. (2000). Mughnī al-Muhtāj ilā Maʻrifah Maʻānī Alfaẓ al-Minhāj. Bīrūt: Dār Kutub al-‘Ilmiyyah.
  • Al-Shāṭibī, Abū Isḥāq. (2004). al-Muwāfaqāt fī Uṣūl al-Sharīʻah. Bīrūt: Dār al-Kutub al-‘Ilmiyyah.
  • Al-Shawkānī, Muḥammad bin ‘Alī (2000). Irshād al-Fuḥūl ilā Taḥqīq al-Ḥaq min ʻIlm al-Uṣūl. Riyāḍ: Dār al-Faḍīlah.
  • Al-Tirmidhī, Abū ‘Īsā Muḥammad bin ‘Īsā (1996), “al-Jāmi‘ al-Kabīr”, in Mawsū‘at al-Ḥadīth. Bīrūt: Dār al-Gharb al-Islāmī.
  • Zainal Abidin Mohamed. (1994). Pengurusan Strategi. Kuala Lumpur: Utusan Publications & Distributors Sdn. Bhd.
  • Al-Zuḥaylī, Wahbah. (1985). al-Fiqh al-Islāmī wa Adillatuhu. Dimashq: Dār al-Fikr.
  • Al-Zuḥaylī, Wahbah. (1986). Uṣūl al-Fiqh al-Islāmī. Dimashq: Dār al-Fikr.
Year 2021, Volume: 7 Issue: 1, 31 - 46, 19.03.2021
https://doi.org/10.25272/ijisef.841295

Abstract

Project Number

FP063-2018A (Fundamental Research Grant Scheme)

References

  • ‘Abd al-Karīm Zaydān. (2012). al-Madkhal li Dirāsah al-Sharīʻah al-Islāmiyyah. Bīrūt: Muassasah al-Risālah Nāshirun.
  • Abdullah Muhamad. (2016), “Pengamanahan Harta Orang Islam di Malaysia”, in Harta Amanah Orang Islam di Malaysia, Siti Mashitoh Mahamood (Ed.), Kuala Lumpur: Penerbit Universiti Malaya.
  • Adilah Mohd Sa’afie and Mohd Zamro Muda. (2018), “Garis Panduan Dalam Penyediaan Borang Hibah di Mahkamah Tinggi Syariah”, Journal of Contemporary Islamic Law, Vol. 3 No. 1, p1-7.
  • ‘Alī Ḥaydar. (2003). Durar al-Ḥukkām Sharḥ Majallat al-Aḥkām. Riyāḍ: Dār ʻĀlim al-Kutub.
  • Azman Mohd Noor dan Mohamad Sabri Zakaria, (2010), “Takaful: Analisis Terhadap Konsep dan Akad”, Jurnal Muamalat, Vol. 3, p1-28.
  • Al-Bukhārī, Abū ʻAbd Allah Muḥammad bin Ismāʻīl. (2002), “Ṣaḥīḥ al- Bukhārī”, in Mawsū’āt al Ḥadīth. Bīrūt: Dār Ibn-Kathīr.
  • Daud, M. Z., Rosland, A., & Hasbulah, M. H. (2015), “Kepentingan dan Keperluan Perancangan Harta dalam Islam: Penilaian Menurut Perspektif Maqāṣid al-Sharīʻah”, Journal of Muamalat and Islamic Finance Research (JMIFR), Vol. 12 No. 1, p69-88.
  • Halim, A. H., Ahmad Bustami, T. A. (2017), “Pelaksanaan Hibah Amanah Sebagai Suatu Instrumen Pengurusan Harta Islam Di Malaysia”, Kanun: Jurnal Undang-Undang Malaysia, Vol. 29 No. 2, p310-335.
  • Heru Susanto. (2017), “Maqasid al-Shariah on Wakaf System”, Hunafa: Jurnal Studia Islamika, Vol. 14 No. 2, p327-345.
  • Ibn ‘Ābidīn, Muḥammad Amīn. (2003). Radd al-Muḥtār ʻalā al-Darr al-Mukhtār Sharḥ Tanwīr al-Abṣār. Riyāḍ: Dār ‘Ālim al-Kutub.
  • Ibn ʻĀshūr, Muḥammad Ṭāhir (2011). Maqāṣid al-Sharīʻah al-Islāmiyyah. al-Urdun: Dār alNafāis.
  • Al-Jazīrī, ʻAbd al-Raḥman. (2003). Kitāb al-Fiqh ʻalā al-Madhāhib al-Arbaʻah. Bīrūt: Dār alKutub al-ʻIlmiyyah.
  • Kamarudin, Mohd Khairy and Nor Muhamad, Nasrul Hisyam. (2018), “Islamic Estate Planning and Management: Malaysian Experience”, International Journal of Management Applications, Vol. 1 No. 1, p8-16.
  • Muslim, Abū al-Ḥusayn Muslim bin al-Ḥajjāj al-Qushayrī al-Naysābūrī. (2006), “Ṣaḥīḥ Muslim”, in Mawsū’āt al- Ḥadīth. Riyāḍ: Dār Ṭaybah.
  • Al-Nawawī, Muḥyiddīn Abū Zakariyyā Yaḥya ibn Sharaf. (2005). Minhāj al-Tālibīn wa ʻUmdat al-Muftīn. Bīrūt: Dār al-Minhāj.
  • Al-Naysābūrī, Abū ʻAbd Allah Muḥammad bin ʻAbd Allah. (2002). al-Mustadrak ʻalā alṢaḥīḥayn. Bīrūt: Dār al-Kutub al-‘Ilmiyyah.
  • Othman Yaacob. (2016), “Pembentukan Trust Hibah Sebagai Alternatif Perancangan Harta”, in Harta Amanah Orang Islam di Malaysia, Siti Mashitoh Mahamood (Ed.), Kuala Lumpur: Penerbit Universiti Malaya.
  • Al-Raysūnī, Aḥmad. (1995). Naẓariyyah al-Maqāṣid ʻinda al-Imām al-Shāṭibī. Herndon: alMaʻhad al-ʻĀlimī li al-Fikr al-Islāmī.
  • Shaikh, S.A., Ismail, A.G. and Mohd Shafiai, M. H. (2017), “Application of Waqf for Social and Development Finance”, ISRA International Journal of Islamic Finance, Vol. 9 No. 1, p5-14.
  • Al-Sharbīnī, Shams al-Dīn Muḥammad bin Muḥammad al-Khaṭīb. (2000). Mughnī al-Muhtāj ilā Maʻrifah Maʻānī Alfaẓ al-Minhāj. Bīrūt: Dār Kutub al-‘Ilmiyyah.
  • Al-Shāṭibī, Abū Isḥāq. (2004). al-Muwāfaqāt fī Uṣūl al-Sharīʻah. Bīrūt: Dār al-Kutub al-‘Ilmiyyah.
  • Al-Shawkānī, Muḥammad bin ‘Alī (2000). Irshād al-Fuḥūl ilā Taḥqīq al-Ḥaq min ʻIlm al-Uṣūl. Riyāḍ: Dār al-Faḍīlah.
  • Al-Tirmidhī, Abū ‘Īsā Muḥammad bin ‘Īsā (1996), “al-Jāmi‘ al-Kabīr”, in Mawsū‘at al-Ḥadīth. Bīrūt: Dār al-Gharb al-Islāmī.
  • Zainal Abidin Mohamed. (1994). Pengurusan Strategi. Kuala Lumpur: Utusan Publications & Distributors Sdn. Bhd.
  • Al-Zuḥaylī, Wahbah. (1985). al-Fiqh al-Islāmī wa Adillatuhu. Dimashq: Dār al-Fikr.
  • Al-Zuḥaylī, Wahbah. (1986). Uṣūl al-Fiqh al-Islāmī. Dimashq: Dār al-Fikr.
There are 26 citations in total.

Details

Primary Language English
Journal Section Research Article
Authors

Raihanah Hj Azahari This is me 0000-0002-2353-4916

Mohamad Salfiyudin Mohd Pandi 0000-0001-8530-2902

Asmak Ab Rahman 0000-0003-1406-3099

Project Number FP063-2018A (Fundamental Research Grant Scheme)
Publication Date March 19, 2021
Published in Issue Year 2021 Volume: 7 Issue: 1

Cite

APA Hj Azahari, R., Mohd Pandi, M. S., & Ab Rahman, A. (2021). Wealth Planning Parameters Based on Maqāṣid Al-Sharīʻah According to Ibn ʻĀshūr’s View: A Preliminary Study. International Journal of Islamic Economics and Finance Studies, 7(1), 31-46. https://doi.org/10.25272/ijisef.841295

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