Remedies available to Malaysian Islamic banks upon default of monthly payment by the customer in Musharakah Mutanaqisah (diminishing partnership) house financing
Musharakah mutanaqisah (diminishing partnership) house financing (MMHF) is one type of house financing facilities that Islamic bank in Malaysia offers. It is a hybrid house financing product involving three recognized Shariah contracts that are musharakah (partnership), ijarah (leasing) and bay‘ (sa...
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| Main Authors: | , , , |
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| Format: | Proceeding Paper |
| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/38559/2/IBMC_2014_ABSTRACT_SCHEDULE_AND_CERT.pdf http://irep.iium.edu.my/38559/ |
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