The Structure in Existing Shariah Principle of Islamic Home Financing: A Review
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2018, Vol 8, Issue 12
Abstract
Islamic finance has grown tremendously since it first emerged in 1970’s. Malaysia's Islamic finance industry has been in existence for over 40 years. This research aims for knowing the structure in top three most applied in Islamic home financing which are Bai Bithaman Ajil, Musyarakah Mutanaqisah and Tawarruq. The structure for each syariah principles is different due to its dealing party. From the structure, borrower gets a clearer view of party that participates in buying a house.
Authors and Affiliations
Sharifah Arni Syed Jaaffar, Puspa Liza Ghazali
Keywords
Related Articles
- EP ID EP593964
- DOI 10.6007/IJARBSS/v8-i12/5231
- Views 77
- Downloads 0
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