Purpose – The purpose of this paper is to examine the current legal framework for payment system in international Islamic trade finance vis-à-vis the new regime introduced by the Uniform Customs and Practice for Documentary Credits (UCP) 600 as well as the Shari'ah Standard on Documentary Credits issued by the Accounting and Auditing Organiz

It is often seen that the maqasid regulates the validity of the rule of taklīfī from the point of view of its implementation, so that the maqasid has the ability to stop or maintain the practice of a rule. The Shari’ah rulings are seen as means to maqasid from another perspective, so the validity and existence of maqasid depends on the rules

As is known, at the Gibbs-Boltzmann equilibrium, the mean-field q-state Potts model with a ferromagnetic coupling has only a first-order phase transition when q � 3, while there is no phase transition for an antiferromagnetic coupling. The same equilibrium is asymptotically reached when one considers the continuous time evolution according to a G

Until recently, discussions of issues relating to dispute resolution in the Islamic finance industry have remained well in the background, as the stakeholders in the industry strived to promote this hitherto niche industry for a global recognition. Interest in studies relating to dispute resolution in Islamic banking and finance has mushroomed over

In the bid to discover the past and chart a sustainable future for peaceful co-existence in Malaysia, there is a need to look inwards to develop a framework for political dispute management (PDM). It is pertinent to note that researches on alternative dispute resolution (ADR) have mushroomed over the years but the aspect of PDM has attracted less a

The skyrocketing uncertainties in the global economy have rekindled the need to examine issues relating to insolvency and debt restructuring. With a focus on Islamic financial transactions and Islamic financial institutions, this paper examines the interplay between three related concepts of insolvency, bankruptcy and debt restructuring. Balancing

The necessary provisions for health include solidity, accommodation, food, wealth with regards to financial and ecological sustainability, and social justice.The provision of an adequate housing is crucial for enhancing a community's quality of life through providing healthy welfare, sufficient employment, financial stability, and safety. While

Di beberapa negeri di Malaysia, pembayaran zakat fitrah telah mengalami satu perubahan dari sudut pilihan yang diberikan kepada orang Islam. Mereka boleh memilih untuk membayar zakat fitrah mengikut harga beras yang dimakan seharian kepada amil untuk diberikan kepada asnaf fakir miskin. Kajian ini bertujuan untuk mengukur keterhasilan pencapaian Ma

Background: Diabetes Mellitus (DM) is on a rising trend globally. In the third National and Health Morbidity Survey 2012, the number of patients who underwent proper eye screening is still far from satisfactory and the study regarding this aspect in the Malaysian setting is secluded. This study explored the current management of eye screening for d

In seeking for the right of self-determination, a preconceived notion born out of historical facts is its inherent conflicting nature. A move to address the right of self-determination in a manner that engenders peacebuilding through good faith negotiations and good offices which represent the core of conflict management appears to be more appealin