Ma`rifat Eqtesadi

Whenever bank resources are injected into subsidiaries, the bank will not be able to provide facilities to other applicants, and this action (bank entrepreneurship) will cause other economic enterprises to be driven out of the market and a kind of monopoly will be created. The purpose of this research is to examine the legitimacy of bank entrepreneurship based on the theory of Sharia Objectives. Based on the research hypothesis, bank entrepreneurship is incompatible with the objectives of Sharia and is therefore prohibited. This research has reached the following conclusions using an analytical-ijtihadi method and using the opinions of jurists: First, the objectives of Sharia have a “same” relationship with the criteria of rulings (benefits and harms) and is used in the process of inferring and extracting Sharia rulings; Second, because bank entrepreneurship causes economic injustice, the closure of production enterprises, the devaluation of the national currency, and disruption of the economic and political system, and this is incompatible with the objectives of Sharia as the criteria of rulings; therefore, it is prohibited in the Islamic banking system.