Banking secularization (Tawarruq )and its rules in Islamic jurisprudence

Abstract

The securitization (Tawarruq) is one of the most important Islamic financial products among banks in recent years. Its importance lies in providing liquidity to customers in order to satisfy them various needs and requirements. However, this product is accompanied by a range of jurisprudential issues in terms of its vacation in all its forms and types, And some of them considered it a tricks on usury, so this research aims to show these opinions and discuss the weighting, and the researcher took the inductive method in the extrapolation of the mixture of this research of contracts and the analytical approach in the analysis of each of the items of this product, on the result Has led to the fact that securitization (Tawarruq ) are two types of individual permissible and and banking forbidden