Preference of Maqasid Al Shariah Approach by the National Shariah Board of the Indonesian Council of Ulama for Fatwa Arrangement in Banking Field

Irham Zaki, Tika Widiastuti, Qudsi Fauzi, and Imron Mawardi.
2017

DOI: 10.5220/0007079402070212

Keywords: Banking Fatwa Arrangement, DSN MUI, Maqasid al-Sharia Approach.


Abstrak

The rapid development of Islamic banking industry in Indonesia should be appreciated since it becomes one of the forms of implementation and greatness of Islam propagation in the country with the largest Muslim population in the world. The existence of various transaction models as well as their derivation and innovation inevitably demands the concerned parties to be accommodative and selective so that these developments can be responded and searched for the solutions according to the sharia corridor. The National Sharia Board of the Indonesian Council of Ulama (DSN MUI) is the only Indonesian official institution authorized for creating Islamic economic and financial fatwa as well as monitoring the application in Islamic financial institutions such as Islamic banks, insurances, and pawnshops. This research is the library research thus the research employs the qualitative approach with the documentary study method, and the analysis is the Critical Discourse Analysis. The focus or scope of the study is limited only to the DSN fatwas in the banking field. The research results discover that the maqasid al-sharia approach becomes one of the solutions of DSN MUI consideration in solving the considered problems in the banking field.

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