Microsoft Word islam and competition policy doc



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islam-and-competition-policy

3.5
 
Legal Maxim (
Qawaid Fiqhiah

 
Qawaid fiqhiah
(legal maxim) is the basic guidelines for Muslim in determining 
certain issues. The originality of the 
qawaid fiqhiah
is from the spirit and 
understanding of 
al-Quran
. There are few relevant legal maxims related with the 
competition law and policy. For example 
al dharar yuzal 
or any harm, which occurs, 
need be redressed
18

Yatahammalul dharar al khafif li daf I al dhararal ashadd
or 
what is perceived as greater harm should be avoided even if resulting in 
inconsequential harm
19

Taqdim al maslahah al ammah ala almaslahah al khassah
or 
18
Abdul Karim Zaidan. 1998. 
Al-Wajiz fi Usul Fiqh
. Beirut: Muassasah Risalah. p. 383 
19
Ibid
p. 384 


12 
general or unspecified harm should be given priority to specific harm
20

Dafi al 
mafasid muqaddimun alal jalb al masalih
or the avoidance of harm takes precedence 
over the promotion of interest
21

Al dharurat tubihul mahzurat
or normal rules of 
legality are waived and resort to unlawful act is allowed
22
.
 
The above famous legal maxims are the basis for the legality and the permissibility to 
legislate and implement the law and policy of competition. The said legal maxims 
provide us with clear guidelines for the enforcement of competition law and policy 
with strong emphasizes on the need to measure relative benefits and ill consequences 
at all times. The objective of the competition law and policy to promote fair and just 
market competition is actually in accordance with the guidelines stipulated under the 
qawaid fiqh.

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