Articles

This research focuses on Abu al-Hasan al-Ash`ari’s legacy and how to reconstruct it in order to provide an Islamic response to the contemporary philosophical challenges. It should be noted that these challenges are based on a type of metaphysics and axiology which completely opposed to the Islamic ones. Undoubtedly, the method of reconstruction will be based upon both rational stand and systematic procedures in its approach to the legacy of Abu al-Hasan al-Ash`ari.

Contemporary Islamic Finance is seen by many as operating in the 'push' mode, with incumbent players pushing their version of products in the market, rather than working in a 'pull' mode, where society's requirements would drive industry evolution. The Islamic finance industry has been criticized because the profit aspect of running operations overshadows the altruistic aspect of Islamic Finance (IF) and easily marketable solutions are more common than socially relevant products to benefit the wider communities.

The article identifies the incorrect practices in Sukuk experience that ought to be removed, in order to ensure the Islamic authenticity of such an instrument. The article seeks to look at possibilities of employing