Yusuf Abubakar

• PhD (Law)
• Lecturer at Northern University of Malaysia

The doctrine of good faith is a vital issue amongst the contractual issues of this period.It is considered a main goal of every recognized law of contract system to be promoting good faith as well as fair dealing in forming and performance of contracts. Basically, it has been a common argument in supporting the notion of good faith that it helps in...

Bitcoin is a type of cryptocurrency and the most successful in blockchain management. It has become famous in recent years. The critical aspects of cryptocurrency are its legitimacy, source of money laundering, tax evasion, lack of regulation etc. The aim of this study is to explore the view of Muslim scholars on the legality of bitcoin with respec...

This is a doctrinal and comparative research between nominees and assignees of life insurance policy and family takaful. The study aims to compare between life insurance under the English law and family takaful of the Shariah specifically on nominees and assignees to see similarities and dissimilarities between them. Some of the findings under the...

This is a doctrinal research on the Shariah basis of takaful (Islamic Insurance). The research reveals that that takaful has basis in ancient Arabia in the system of "Aqilah" which involves mutual assistance. It can also be traced down in the Sunnah of the Holy Prophet (peace and blessings of Allah upon him) and also his companions. Moreover, a stu...

Islamic Banking and Finance refers to a system where by all its activities are consistent with the principles of Shari'ah, as well as its practical application through the development of Islamic economics. It is a globally emerging trends nowadays especially in Muslim majority nations. Countries such as Egypt, Sudan, Malaysia, and United Arab Emira...

This is a doctrinal research. It aims to specifically look into scholars' differing opinions on using bay al-inah to issue Sukuk in primary market and the causes of the said difference. It is found that the Shariah Advisory Council of the Securities Commission Malaysia allows using bay al-inah to issue Sukuk in the primary market. However, this pra...

Deposit insurance is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by a bank's inability to pay debts when due. On the other hand, there have been a lot of discussions with regard to its permissibility from the Shariah point of view. This paper compares this concept between the convention...

This is a doctrinal and comparative research between the traditional law and the syariah with regard to discharge of policies and surrender. The aim is to find similarities and dissimilarities between life insurance and family takaful vis-à-vis the issues. The issues are: Discharge of life policies/family takaful and this will cover discharge by Pe...

The Corporate social responsibility (CSR) refers to business practices by corporations and institutions such as banks, insurance companies etc. involving initiatives that benefit society. This research aims to look at the CSR of the Islamic financial institutions and to what extent they achieve maqasid al-Shariah through this concept. It is found t...

This is a doctrinal and comparative research between the traditional law and the Shariah with regard to insurable interest. The paper aims to examine Shariah views regarding individuals that have an insurable interest in the eyes of the traditional law; and also to clarify these persons' right to insurable interest in the Islamic version of insuran...