Crowdfunding and its evaluation in terms of Islamic law

Crowdfunding refers to the practice of raising funds for social, cultural, and profit-oriented initiatives by leveraging the support of a large number of people through the internet, as an alternative to traditional financial resources. This thesis provides an analysis of crowdfunding, including its definition, types, nature, and corresponding methods in Islamic law. Additionally, we examine examples of crowdfunding platforms and evaluate the subject from the perspective of fiqh. The study is structured into an introduction and two chapters. The introduction outlines the legal nature, purpose, method, and sources of the subject. In the first chapter, we provide a conceptual framework for crowdfunding, discussing its history, types, and nature. Specifically, the chapter focuses on the various types of crowdfunding, as well as the functioning of the crowdfunding system and its advantages and disadvantages. The second chapter is dedicated to analyzing crowdfunding methods through the lens of Islamic law. Here, we examine the four types of crowdfunding, analyzing which methods correspond to which method in the Islamic law of obligations. We also discuss and evaluate several Islamic crowdfunding platforms. The study concludes with a final chapter that includes our conclusions and recommendations.