The concept of maslahah and doctrine of Maqasid (objectives) al-Shari’ah as put forward predominantly by Al-Ghazali and Al-Shatibi could be referred for developing choices and preferences from Islamic perspective. The two concepts shall have a great impact on the project evaluation procedure...

The paper is a review of the Malaysian experience in managing the issuance and development of Islamic bonds market. It was observed that Malaysia has begun with the issuance of loan-based Islamic bonds by the Malaysian government followed by the vast and extensive issuance of sale-based Islamic...