Home financing pricing issues in the Bay’ Bithaman Ajil (BBA) and Musharakah Mutanaqisah (MMP)

Islamic banking in Malaysia has evolved rapidly since its first invention in 1983. Throughout 30 years of development, various products have been developed to fulfill the demands of the society both Muslim and Non-Muslim. Positive support and constructive criticisms have flourished the industry and...

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Main Authors: Syahwan, Syahidawati, Mohamed, Mustafa Omar, Abdul Rahman, Zaharuddin
Format: Article
Language:English
English
Published: Kolej Universiti Islam Sultan Azlan Shah 2013
Subjects:
Online Access:http://irep.iium.edu.my/47112/1/Shahidawati.MOM.zaharuddin.2013..pdf
http://irep.iium.edu.my/47112/4/47112_home_financing_scopus.pdf
http://irep.iium.edu.my/47112/
http://www.gjat.my/gjat122013/4020130302.pdf
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spelling my.iium.irep.471122016-07-15T00:30:26Z http://irep.iium.edu.my/47112/ Home financing pricing issues in the Bay’ Bithaman Ajil (BBA) and Musharakah Mutanaqisah (MMP) Syahwan, Syahidawati Mohamed, Mustafa Omar Abdul Rahman, Zaharuddin HF1040 Commodities. Commercial products HG Finance HG179 Personal finance Islamic banking in Malaysia has evolved rapidly since its first invention in 1983. Throughout 30 years of development, various products have been developed to fulfill the demands of the society both Muslim and Non-Muslim. Positive support and constructive criticisms have flourished the industry and made the product innovation to be enhanced accordingly. With regards to the products, retail financing is observed to be so dearer to the society compared to other form of financing like trade and corporate. Home financing is regarded as the most influential one since it normally affects long term commitment of the customer.Thus, this paper aims at analysing pricing issue of home financing products offered in Malaysia specifically BBA and MMP. The study uses content analysis method with intense and analytical readings of the previous texts and literatures on issues observed in the two products. The issue will then be comparatively reviewed using Maqasid-based appraisals. Kolej Universiti Islam Sultan Azlan Shah 2013-12 Article REM application/pdf en http://irep.iium.edu.my/47112/1/Shahidawati.MOM.zaharuddin.2013..pdf application/pdf en http://irep.iium.edu.my/47112/4/47112_home_financing_scopus.pdf Syahwan, Syahidawati and Mohamed, Mustafa Omar and Abdul Rahman, Zaharuddin (2013) Home financing pricing issues in the Bay’ Bithaman Ajil (BBA) and Musharakah Mutanaqisah (MMP). Global Journal of al-Thaqafah, 3 (2). pp. 23-36. ISSN 2232-0474 http://www.gjat.my/gjat122013/4020130302.pdf
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
English
topic HF1040 Commodities. Commercial products
HG Finance
HG179 Personal finance
spellingShingle HF1040 Commodities. Commercial products
HG Finance
HG179 Personal finance
Syahwan, Syahidawati
Mohamed, Mustafa Omar
Abdul Rahman, Zaharuddin
Home financing pricing issues in the Bay’ Bithaman Ajil (BBA) and Musharakah Mutanaqisah (MMP)
description Islamic banking in Malaysia has evolved rapidly since its first invention in 1983. Throughout 30 years of development, various products have been developed to fulfill the demands of the society both Muslim and Non-Muslim. Positive support and constructive criticisms have flourished the industry and made the product innovation to be enhanced accordingly. With regards to the products, retail financing is observed to be so dearer to the society compared to other form of financing like trade and corporate. Home financing is regarded as the most influential one since it normally affects long term commitment of the customer.Thus, this paper aims at analysing pricing issue of home financing products offered in Malaysia specifically BBA and MMP. The study uses content analysis method with intense and analytical readings of the previous texts and literatures on issues observed in the two products. The issue will then be comparatively reviewed using Maqasid-based appraisals.
format Article
author Syahwan, Syahidawati
Mohamed, Mustafa Omar
Abdul Rahman, Zaharuddin
author_facet Syahwan, Syahidawati
Mohamed, Mustafa Omar
Abdul Rahman, Zaharuddin
author_sort Syahwan, Syahidawati
title Home financing pricing issues in the Bay’ Bithaman Ajil (BBA) and Musharakah Mutanaqisah (MMP)
title_short Home financing pricing issues in the Bay’ Bithaman Ajil (BBA) and Musharakah Mutanaqisah (MMP)
title_full Home financing pricing issues in the Bay’ Bithaman Ajil (BBA) and Musharakah Mutanaqisah (MMP)
title_fullStr Home financing pricing issues in the Bay’ Bithaman Ajil (BBA) and Musharakah Mutanaqisah (MMP)
title_full_unstemmed Home financing pricing issues in the Bay’ Bithaman Ajil (BBA) and Musharakah Mutanaqisah (MMP)
title_sort home financing pricing issues in the bay’ bithaman ajil (bba) and musharakah mutanaqisah (mmp)
publisher Kolej Universiti Islam Sultan Azlan Shah
publishDate 2013
url http://irep.iium.edu.my/47112/1/Shahidawati.MOM.zaharuddin.2013..pdf
http://irep.iium.edu.my/47112/4/47112_home_financing_scopus.pdf
http://irep.iium.edu.my/47112/
http://www.gjat.my/gjat122013/4020130302.pdf
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score 13.211869