THE STUDY ON THE DEATH KHAIRAT FUND SCHEME (DKFS) AS A HALAL SERVICE SCHEME IN THE ISLAMIC FINANCIAL SYSTEM AT MALAYSIA: AN ANALYSIS FROM ISLAMIC AND LAW VIEWS
The Death Khairat Fund Scheme (DKFS) is a financial fund collected from Muslims to prepare for managing the remains of scheme members who face death. According to the origin of the story at Malaysia, this scheme is managed by the mosque or the community in a particular community. This scheme provides convenience and assistance to members when managing the remains through the use of DKFS funds. DKFS management is one of the Islamic financial systems that become a halal service scheme. Therefore, this scheme needs to be studied in terms of sharia and law. Therefore, this study aims to identify the position of DKFS practiced by the Muslim community from the aspect of Islam and law. This study uses descriptive qualitative by collecting data through documentation from literature review, news and scientific articles, as well as legal acts that discuss this issue. This study found that DKFS should be according to the Islamic perspective and should be enforced through law to protect the rights and obligations of the parties involved. The implications of this study will reveal the Muslim community as members get assurances in managing the remains and reduce the hardships faced by members. Also will create a form of cooperation between members in this scheme when facing death in the future.
Death khairat fund scheme (DKFS), donation fund, Islamic financial system, halal service, Islamic and law.