Editorial

[...]given that compliance with Sharīʿah and laws and regulations represents a set of core requirements upon which the industry rests, legal studies and the application of Sharīʿah in Islamic finance are yet other areas where research is published. [...]not the least, the Islamic finance industry operates side-by-side with its conventional counterpart in most countries; thus comparative and critical studies on its growth and performance are another important area of research. [...]this study reviews classical and modern literature to explore and clarify misconceptions about maqāṣid al- Sharīʿah and their adoption in Islamic finance.