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The principles Of Ghārār In Bai Bithaman Ajil contract

One of the popular method of home financing in Islamic banking is Bai Bithaman Ajil. However there are circumstances whereby in this type of contract the probability of ghārār involved is very high especially dealing with the purchase of assets which is not yet in existence.Therefore this paper aim...

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Main Author: Razali, Siti Salwani
Format: Conference or Workshop Item
Language:English
Published: 2008
Subjects:
BPH Islamic Economics
BPH186.5 Gharar - Deception
BPH321.2 al-Bay’ bi-thaman ‘ajil - Contract Of Sales
Online Access:http://irep.iium.edu.my/82992/1/THE%20PRINCIPLES%20OF%20GH%C4%80R%C4%80R%20%20IN%20BAI%20BITHAMAN%20AJIL%20CONTRACT.pdf
http://irep.iium.edu.my/82992/
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spelling my.iium.irep.829922021-10-07T03:27:22Z http://irep.iium.edu.my/82992/ The principles Of Ghārār In Bai Bithaman Ajil contract Razali, Siti Salwani BPH Islamic Economics BPH186.5 Gharar - Deception BPH321.2 al-Bay’ bi-thaman ‘ajil - Contract Of Sales One of the popular method of home financing in Islamic banking is Bai Bithaman Ajil. However there are circumstances whereby in this type of contract the probability of ghārār involved is very high especially dealing with the purchase of assets which is not yet in existence.Therefore this paper aims to review what is actually meant by ghārār and how does it affects the enforceability of the Bai Bithaman Ajil contract in the Shariah. It also provides on the reasons why in certain occasion the purchase of assets under BBA contract has resulted to the dominance entry of the principles of ghārār hence making it unenforceable under Shariah. 2008-06 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/82992/1/THE%20PRINCIPLES%20OF%20GH%C4%80R%C4%80R%20%20IN%20BAI%20BITHAMAN%20AJIL%20CONTRACT.pdf Razali, Siti Salwani (2008) The principles Of Ghārār In Bai Bithaman Ajil contract. In: Malaysian Finance Association 10th Annual Conference 2008, Holiday Inn, Kuching, Sarawak. (Unpublished)
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
topic BPH Islamic Economics
BPH186.5 Gharar - Deception
BPH321.2 al-Bay’ bi-thaman ‘ajil - Contract Of Sales
spellingShingle BPH Islamic Economics
BPH186.5 Gharar - Deception
BPH321.2 al-Bay’ bi-thaman ‘ajil - Contract Of Sales
Razali, Siti Salwani
The principles Of Ghārār In Bai Bithaman Ajil contract
description One of the popular method of home financing in Islamic banking is Bai Bithaman Ajil. However there are circumstances whereby in this type of contract the probability of ghārār involved is very high especially dealing with the purchase of assets which is not yet in existence.Therefore this paper aims to review what is actually meant by ghārār and how does it affects the enforceability of the Bai Bithaman Ajil contract in the Shariah. It also provides on the reasons why in certain occasion the purchase of assets under BBA contract has resulted to the dominance entry of the principles of ghārār hence making it unenforceable under Shariah.
format Conference or Workshop Item
author Razali, Siti Salwani
author_facet Razali, Siti Salwani
author_sort Razali, Siti Salwani
title The principles Of Ghārār In Bai Bithaman Ajil contract
title_short The principles Of Ghārār In Bai Bithaman Ajil contract
title_full The principles Of Ghārār In Bai Bithaman Ajil contract
title_fullStr The principles Of Ghārār In Bai Bithaman Ajil contract
title_full_unstemmed The principles Of Ghārār In Bai Bithaman Ajil contract
title_sort principles of ghārār in bai bithaman ajil contract
publishDate 2008
url http://irep.iium.edu.my/82992/1/THE%20PRINCIPLES%20OF%20GH%C4%80R%C4%80R%20%20IN%20BAI%20BITHAMAN%20AJIL%20CONTRACT.pdf
http://irep.iium.edu.my/82992/
_version_ 1713199544827641856
score 13.211869

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