An enhanced structure of Tawarruq and Rahn: A way out of current problematic structure of Ar-Rahn product

This work examines the challenges experienced by the institution on the principles of sharīʿah with regards to product structure. It does not necessarily mean that the sharīʿah principles that are applied with the existing product are wrongly casted, though it may happen, but this effort is to look for a better alternative. Therefore, it may avoid the need for total amendments that ultimately affects the reluctant costs borne by the institution. Consequently, the improved principles need to be reviewed from time to time, either by finding the best alternative or slight modification in the framework of the existing structure. By using discourse analysis, this paper aims to examine the current structure and to suggest the new structure of ar-rahn product that is constructed using the principle of tawarruq and rahn.  Through this method, certain feature in the structure will be enhanced in order to suit the needs of the industry. While the structure was initially introduced by earlier researchers, the interviews adopted from the key players of the industry were crucial to be dicoursed and examined for better enhancement. As a result, the enhanced structure of tawarruq and rahn was suggested.