Azrul Azlan Iskandar Mirza

• bachelor of islamic jurisprudence
• Senior Lecturer at Universiti Sains Islam Malaysia

شهدت البنوك الإسلامية والتقليدية السعودية خلال الفترة من 2009م إلى 2018م العديد من التغيرات السياسية والاقتصادية في العالم والخليج العربي بشكل عام وفي المملكة العربية السعودية بشكل خاص. تؤثر هذه التغييرات على أداء القطاع المصرفي إيجابًا أو سلبًا مع إمكانية تهديد استمراريتها. نظراً لاختلاف طبيعة البنوك الإسلامية والتقليدية وأسس أعمال كل منهما، تبحث...

The increasing number of deaths increases the demand for funeral services. The funeral managers are responsible for fulfilling the wishes of the deceased and the heirs. However, the cost of funerals continues to rise each year and has turned the funeral industry into a multibillion-dollar industry. This directly impacts the number of people who can...

E-bidding has gained popularity in the modern world due to the technology advancement. Despite its popularity, contracting parties are exposed to Shariah non-compliance practices, which may lead to financial losses and disputes. Islamic jurisprudence provides guidelines assisting bidders and auctioneers in avoiding these practices. This study exami...

Introduction: Insurtech refers to the use of technology innovations designed to squeeze cost and maximize efficiency from the current insurance industry model. Insurtech is a combination of the word’s “insurance” and “technology,” inspired by the term fintech i.e. financial technology. Whilst insurance company already move forward, Islamic Insurtec...

The funeral expense is becoming expensive. It will lead to funeral poverty whereby the next of kin of the deceased face difficulty paying funeral expenses. Increasing numbers of people seek financial management advice following bereavement, which can have a long-term effect on the grief experience and an individual's ability to manage. More should...

The funeral expense is becoming expensive. It will lead to funeral poverty whereby the next of kin of the deceased face difficulty paying funeral expenses. Increasing numbers of people seek financial management advice following bereavement, which can have a long-term effect on the grief experience and an individual's ability to manage. More should...

E-Wallet has been applied in Muslim and non-Muslim jurisdictions in many parts of the world including Malaysia, China, India, and Korea. The application is widely used and has raised questions with regard to legal and shariah issues. This paper aims to analyse specifically, legal issues affecting e-wallet practices. This paper adopted a qualitative...

The funeral expense is becoming more expensive with the rise of population and more scarcity of land. At the current rate, rising funeral cost may lead to funeral poverty, especially among the underprivileged communities. Funeral poverty already affected some of the developing countries. For Malaysia, few schemes have been introduced to cover the p...

Musharakah Tijariah Cross-Border Financing ("Product") is the product to enable the Bank to undertake projects and contract cross-border financing activities or other identified business ventures on "pure" Joint Venture basis, using the underlying Islamic financing contract, structure and epistemological development that are expected to inject grea...

Mental health illness becomes one of the major illnesses in Malaysia aside from heart disease. It was recently reported that 29.2% of Malaysians are suffering from mental health illness which increases threefold from the previous year. Majority of the Malaysians suffering from mental health illness comes from the lowest income group. This shows tha...

The soaring housing prices in Malaysia is not a recent issue. It is a global phenomenon especially in developing and developed countries, driven by factors including land price, location, construction materials cost, demand, and speculation. This issue demands immediate attention as it affects the younger generation, most of whom could not afford t...

Social finance is not new, but most low-income earners are not keen to utilize social finance products due to its association with riba (usury). Islamic social finance on the other hand offers the alternative to generate economy and create wealth, with its Shariah-compliant underlying principles. This new mechanism offers the alternative for people...

From the viewpoint of Maqasid al-Shariah (Objective of Islamic Law), Islam gives the right to all human to acquire and consume their wealth freely without any violation to others. The violation in acquiring and consuming wealth includes taking the others right, fraud, wastage and unjust distribution of the wealth. In order to achieve this aim, gove...

As Malaysia aims to becoming as Islamic finance global hub, thus the evaluation to determine global hub country is somehow valuable to bring into a research. Other Islamic finance countries like Saudi Arabia, Qatar, United Arab Emirates and even London, have clearly declared to become as Islamic finance Global hub. The evaluation of Islamic finance...

One of the roles of planning and managing wealth distribution is to avoid assets from continuously remain frozen. Thus, managing and planning Islamic wealth distribution is an important attempt in order to make sure Muslims community is well protected. There are various types of instruments applied in managing and planning wealth distribution that...