Maqasid Al-Shariah In Debt Management: A Systematic Review

Abstract

Debt is a thoughtful matter in Islam and should not be commenced except for real necessity. Hence the present study reviewed past studies on consumer debt management from the perspective of maqasid Shariah. Guided by the RAMESES review method, a systematic review identified only six related studies throughout Scopus and Web of Science. After going through the theme analysis process, four main research themes emerged: accruing debt, debt behaviour, equity versus debt, and maslahah (benefit) & mafsadah (mischief). In-depth qualitative studies of maqasid Shariah in debt management are strongly recommended.