ABSTRACT
Usul AL-FIQH, is the foundation of Islamic law or Shari’ah law. These Usul AL-FIQH provides modes and sources for the jurists to seek for appropriate legal rules for any problem or issues. Therefore, the objective of this paper only focus in the understanding Usul AL-FIQH and its application for the contract of partnership or equity financing which are Sukuk Al-Musharakah and Sukuk Al-Mudharabah related to Shari’ah law. The research of the understanding Usul AL-FIQHon the two types of contract begins with the definition Usul AL-FIQHand its applications on contract conditions, similarities and differences for both Sukuk. The paper based on secondary data which to understand Usul Al-FIQHon the Sukuk Al-Musharakah and Sukuk Al-Mudharabah. An overview of the Usul AL-FIQH will be discussed further in this paper.
Source: Conference: MUKTAMAR WAQF IQLIMI IV 2017At: Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia.Volume: IV
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