Edinburgh Napier University

  The promotion of achieving Maqāṣid al-Sharīʿah through socio economic development is considered an agenda priority in many countries especially where Muslims population is dominant. This paper addresses the dimensions and indicators related to the computation of Maqāṣid al-Sharīʿah-based index. It is developed based on five pillars of Maqāṣid al-Sharīʿah, namely human self (nafs), faith (din), intellect (ʿaql), posterity (nasl) and wealth (māl). Based on prior studies computing financial inclusion index, the issue of data is similarly expected in building the Maqāṣid al-Sharīʿah-based index. While numerous amounts of data are available on many aspects of the financial sector, systematic indicators of inclusiveness of the financial sector are not. As a consequence, the paper also examines the data available to compute the Maqāṣid al-Sharīʿah-based index as well as issues pertaining to it.