Financial Management Based on Maqasid Shariah among Malaysian

Abstract

Financial management is an important component in human life to ensure survival. Money is a universally recognized tool or object of value that can be used to exchange products, services and settle debts. Finances have become very important to improve the quality of life and overall well-being of a person. Maqasid Syariah Hifz Mal shows a balance in preserving property will guarantee a comfortable life. Extravagance and debt can lead to bankruptcy and cause Malaysians to suffer throughout their lives. The method used in producing this study is part of a qualitative approach that involves the highlighting and analysis of secondary data obtained through documents, research results or writings that have been highlighted. The data obtained was then systematically analyzed using content analysis techniques. The results of the study show that every aspect of finance includes financial management skills, planning, budgeting, control and savings. Therefore, efforts need to be implemented to improve the level of financial management and financial behavior especially among Malaysians