Market and Economic Regulation, Islamic Perspective
IALS, University of London
January 25, 2012
Research on the theory of Islamic economic regulation is at best in its infancy. This paper, therefore, is an attempt to formulate a theoretical framework for regulating Islamic capital market. For the purpose of this paper, the public interest theory will be discussed by using legal analysis. Public interest or Maslaha , as an object of Islamic law, has extensively been elaborated on the legal literature of Islamic jurisprudence and hence it is useful for conducting this legal research.
Keywords: Public interest, Maslaha, Islamic capital market, economic regulationworking papers series
Date posted: March 12, 2012
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