Rules of Interest and its Relation to Muslim Minorities’ Jurisprudence on Emerging Issues
Dr. Bandar Menahi Araij
Lecturer – Department of Jurisprudence and its Principles – College of Sharia and Islamic Studies – University of Kuwait
This research discusses the rules of interest and its relation to Muslim minorities’ jurisprudence on emerging issues seeking to demonstrate the ingenuity of the principles of Islamic jurisprudence (usul al-fiqh) and its competence to keep up with the developments of the Ummah and its emerging issues in all ages, especially with regard to the principles of Muslim minorities’ jurisprudence on emerging issues under study. The purpose of this study is to contribute in addressing many of the emerging issues that have afflicted Muslim minorities, which have to do with the rules of interest.
Therefore, it is important to know the rules, adjust the concepts and understand how to adopt provisions compatible with the purposes of Shari’a.
In order to fulfill this, the research relies on inductive, analytical, comparative and deductive approaches. The research opens with an introduction that discusses the importance of the topic, the reasons for this choice, the topic’s objectives, problem, methodology, previous studies on the topic, and the definition of the study’s terminology, and follows it with four sections: the first deals with the concept of interest, its types and the rationale behind it; the second presents the concept of minorities’ jurisprudence on emerging issues; the third outlines the rules of interest related to Muslim minorities’ jurisprudence on emerging issues; and the fourth outlines the usage regulations for those rules and how they can form the basis for the construction of minorities’ provisions on emerging issues.
One of the conclusions reached by the end of this research is that the rules of interest relating to Muslim minorities’ jurisprudence on emerging issues is often aimed at mitigating difficulties and lessening hardships, and that the activation of this is not a free process but it is linked to regulations that should be implemented. Finally, the research recommends that the extent to which the rest of the principles and jurisprudential rules are linked to Muslim minorities’ jurisprudence on emerging issues should be studied, along with the formation of a generation of learners specialized in this field and enabling them to work with tools of jurisprudence to consider Muslim minorities’ provisions from jurisprudence on emerging issues, which are increasing in numbers by the day, and their impact and influence continue to expand.
Keywords: Developments of the nation, Principles of Jurisprudence, legal provisions, jurisprudence, emerging issues.