An Overview of Islamic Sharia Issue Regarding Mobile Money Transaction  (Mpesa) In the Republic of Kenya

dc.contributor.author	Manswab, Mahsen Abdulrahman
dc.contributor.author	Ali, Hemed Awadh
dc.date.accessioned	2022-05-17T08:12:29Z
dc.date.available	2022-05-17T08:12:29Z
dc.date.issued	2020-08-01
dc.identifier.issn	2600-8394
dc.identifier.uri	https://repo.umma.ac.ke/handle/123456789/98
dc.description.abstract	The paper aims to examine the products of mobile money banking services in Kenya using M-pesa (mobile cash money). This study is based on qualitative research methodology which was used to ensure the objectives were answered progressively. The primary data were collected from the interview process together with the analysis of the related documents. Products such as Okoa Jahazi, Betting, Money transfer and M-Shwari were designed on usury (Riba), uncertainty (Gharar), and duplicate payment to mention but few. The above-mentioned products are not based on equity and not comply with Islamic values and principles. Therefore, the viable alternative model of Islamic finance would be useful to all stakeholders and clients mitigating the issue.	en_US
dc.language.iso	en_US	en_US
dc.publisher	Al-Risalah Journal	en_US
dc.relation.ispartofseries	;VOL. 4. No. 3
dc.subject	Mobile money transaction	en_US
dc.subject	Islamic Sharia	en_US
dc.subject	Kenya	en_US
dc.title	An Overview of Islamic Sharia Issue Regarding Mobile Money Transaction (Mpesa) In the Republic of Kenya	en_US
dc.type	Article	en_US