Bai as-salam and e-commerce : a comparative analysis from shariah perspectives

Ainnur Hafizah Anuar Mokhtar, and Mohd Zulkifli Muhammad, and Tamrin Amboala, and Mohd Sarwar E-Alam, (2013) Bai as-salam and e-commerce : a comparative analysis from shariah perspectives. In: Proceedings of the 2nd Applied International Business Conference (AIBC 2013), 07- 08 Disember 2013, Universiti Malaysia Sabah, Kota Kinabalu, Sabah. (Unpublished)

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Abstract

There are worldwide growing concerns among e-commerce customers particularly among Muslims regarding on-line transaction both from technological and Shariah perspectives which require researchers to scrutinize its application into a new dimension. Whilst Bai as-Salam involves transaction by the way the customers up front the payments prior to delivery of the purchased items, e-commerce transactions are carried out through almost similar processes via on line medium. Issues concerning purchasing on-line, the medium of transaction or internet, e-payment mode are among new challenges that require Islamic scholars and researchers to broaden the scope of definition beyond the traditional context. This study sheds light and expands a new definition and tools of Bai as-Salam – as one of many ways of transactions in Islam based on a comparative analytical study between the two concepts of transactions

Item Type: Conference or Workshop Item (Paper)
Keywords: Bai As-Salam, E-Commerce - Electronic payment system - Card holder - Card holder - Card issuer - Card association - Card acquirer - Gharar - Certified authority - Electronic data intercharge
Faculty: Faculty of Entrepreneurship and Business
Deposited By: En. Pahmi Abdullah
Date Deposited: 29 Dec 2013 02:06
Last Modified: 29 Dec 2013 02:08
URI: http://umkeprints.umk.edu.my/id/eprint/2474

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