Gold Investment Practices in Malaysia : A Shariah Review

  • Aunurrochim Muhammad Mas'ad Lecturer and Researcher
  • Muhammad Ezzuddeen Abdissalam Rozali Researcher
  • Wan Abdul Fattah Wan Ismail Associate Professor
  • Fuadah Johari Associate Professor
Keywords: Gold, Investment, IFSA 2013

Abstract

This paper reviews the concept of gold investment practice in the context of Malaysia, as well as to evaluate the application of Islamic concept in gold investment. This paper discusses the views of Islamic scholars on gold transaction and the implementation of syariah rules and regulation practices in Malaysia. The methodology adopted was document research and analysis. The study concludes that Islamic gold investment is a good tool of investment and complies with the syariah law.  This research also suggests that gold investment as a good opportunity to Muslim over the world in order to generate income income to fulfill their daily needs..

Author Biographies

Aunurrochim Muhammad Mas'ad, Lecturer and Researcher

Faculty of Syariah and Law Universiti Sains Islam Malaysia

Muhammad Ezzuddeen Abdissalam Rozali, Researcher

Faculty of Syariah and Law Universiti Sains Islam Malaysia

Wan Abdul Fattah Wan Ismail, Associate Professor

 Faculty of Syariah and Law Universiti Sains Islam Malaysia

Fuadah Johari, Associate Professor

Fakulti Ekonomi dan Muamalat, Universiti Sains Islam Malaysia

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Published
2019-01-15
How to Cite
Muhammad Mas’ad, A., Rozali, M. E. A., Wan Ismail, W. A. F., & Johari, F. (2019). Gold Investment Practices in Malaysia : A Shariah Review. Journal of Fatwa Management and Research, 13(1), 215-231. Retrieved from http://jfatwa.usim.edu.my/index.php/jfatwa/article/view/184
Section
Seminar Papers