The Perspective of Mufti Muhammad Shafi Regarding Financial Contracts Based on his Tafsir Ma’arif-ul-Quran موقف الشيخ المفتى محمدشفيع من العقود المالية من خلال تفسيره معارف القرآن Section Articles

Abstract

Mufti Muhammad Shafi, a renowned Islamic scholar, offers a distinctive perspective on financial contracts in his seminal work, Tafsir Ma’arif-ul-Quran. His interpretation delves into the Quranic principles guiding economic transactions, emphasizing fairness, justice, and ethical conduct. Mufti Shafi underscores the importance of adhering to Shariah-compliant practices, advocating for contracts rooted in transparency and mutual consent. Through meticulous analysis of Quranic verses and Prophetic traditions, he elucidates the parameters of permissible financial dealings, condemning usury and exploitation while promoting equitable partnerships and risk-sharing arrangements. Shafi's perspective serves as a guiding light for Muslims navigating the complexities of modern finance, inspiring them to pursue economic activities grounded in Islamic values and principles.