Project Description
BACKGROUND
MIG© (Muamalat Interactive Game©) is an innovation that incorporates the concepts and operations for retail products offered by Islamic banks. This game involves the participants (contracting parties) using retail muamalat Islamic banking products for personal financial management. These financial products utilise Islamic contracts such as ijarah, tawarruq, rahnu, musharakah mutanaqisah, murabahah and other supporting contracts. This game features interactive muamalat transactions between the contracting parties playing the game. This game is fun learning activities, useful for Islamic banking retail product users, Islamic finance practitioners, especially the front liners marketing Islamic financial products and students in Fiqh Muamalat, Islamic finance, Islamic banking and Islamic accounting courses as well as the general public interested in Islamic finance. MIG could assist the players to visualize the Shariah concepts applied in the contracts mentioned. This is because; at current there are lacks of awareness among the users of Islamic banking products on Shariah-compliant product features. This game also promotes ways to invest in halal investments and creates social awareness of the ummah on Shariah-compliant banking.
