Research Output | Dar Al-hikmah Library | IIUM Only
This paper aims to critically review the application of tawarruqin Islamic financial services. On one hand, it is proclaimed as a Sharīʽah-compliant mode, while on the other hand, it has also been deemed non-compliant. In terms of the aspect of ḥīlah, this review intends to examine the basic mechanism of financial tawarruq and compare it with