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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Maqasid Shariah as A Paradigm in the Implementation of Financial Assistance in Malaysia

Ahmad Nazrul Alif Yahya, Wan Norhaniza Wan Hasan, Farhat Nazirul Mubin Bohari

http://dx.doi.org/10.6007/IJARBSS/v11-i11/11561

Open access

This paper aims to analyze the maqasid shariah as a paradigm in the implementation of financial assistance in Malaysia. Financial assistance is generally intended to meet the needs of the low-income group in handling the rising cost of living. The rising cost of living along with a country’s development and progress has caused developed and developing countries to implement assistance package to the citizen based on the needs of their own people. The question is, does the maqasid shariah exist as a paradigm in the implementation of the financial assistance? This paper has two objectives. Firstly, to identify the paradigm of maqasid shariah. Secondly, to analyze the maqasid shariah as a paradigm in the implementation of financial assistance in Malaysia. The content analysis method was used to conduct the research. Maqasid shariah as a paradigm in the implementation of financial assistance in Malaysia is important to ensure that the assistance can meet the benefits and benefits to all parties.