Modernism’s abortive attempt to ride the wave of Islamic Finance
Mufti Taha Karaan responds to an article titled “Follow Islamic finance path in reforming Islamic law”. Both the article and Moulana’s response is included.
Response
An allegation against Imam as-Subki
The charge leveled against Imâm Taqiyy ad-Dîn as-Subkî is that despite possessing all the requirements for ijtihâd, he did not perform ijtihâd, and preferred to remain within the bounds of his madhhab, since the adoption of independent ijtihâd would preclude him from rising to positions which were reserved for fuqahâ of the madhâhib.