Abstract
Global financial market as official current system has mechanisms, procedures and transactions in is different with Islamic financial system. The most study in these issues focused in the weaknesses and supremacy of the both system. It is therefore this study aimed to analyze and evaluate the system based on the maqashid syariah point of view. This research is qualitative used secondary data and focus to deductive descriptive method. Data were collected from some sources. Data collection techniques were interview to key person, and observation. The results revealed that global financial system cannot be able to serve maslahah in the maqasdhid shariah darruriyyah. Besides that, the system do not address to the justice, stability and welfare issues.
Keywords: Islamic Financial Markets, Islamic financial System, Islamic Economic System, Maqasid al Shari'ah.