Bay‘ Al-Tawarruq Dan Aplikasinya Di Bank Muamalat Malaysia Berhad

A study of the Islamic banking products especially in the implementation of bay‘ al- tawarruq transaction shows that the purpose of that transaction is to provide liquidity to the customer such as personal financing, working capital expenditure, cash lines and credit card. However as the industr...

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Main Authors: Mahyudin, Mohd Izuwan, Che Seman, Azizi
Format: Article
Language:en_US
Published: Universiti Sains Islam Malaysia 2016
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Online Access:http://ddms.usim.edu.my/handle/123456789/9800
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spelling my.usim-98002016-01-04T03:01:35Z Bay‘ Al-Tawarruq Dan Aplikasinya Di Bank Muamalat Malaysia Berhad Mahyudin, Mohd Izuwan Che Seman, Azizi Bay‘ al-tawarruq Bank Muamalat Malaysia Berhad Produk-produk pembiayaan Perbankan Islam A study of the Islamic banking products especially in the implementation of bay‘ al- tawarruq transaction shows that the purpose of that transaction is to provide liquidity to the customer such as personal financing, working capital expenditure, cash lines and credit card. However as the industry expanded widely, there is innovative effort taken by industry player by extending the products to involve investment and deposit instrument that provide fixed return to the customer. As a second full fledged Islamic bank in Malaysia, Bank Muamalat Malaysia Berhad (BMMB) is also involved in offering products based on bay‘ al- tawarruq concept. Hence, this study intends to study the original principles of bay‘ al- tawarruq contract and its current applications in BMMB. The data is obtained from two sources, secondary sources and primary sources. Among the secondary sources used are data from libraries, reference materials such as books, papers, journals and newspaper. For primary sources, researcher used interviews with respective staff in BMMB. The study found that the bay‘ al-tawarruq contract has been adopted as an alternative to replace bay‘ al-‘īnah contract especially for financing based products offered in BMMB. 2016-01-04T03:01:35Z 2016-01-04T03:01:35Z 2015-07-29 Article 1823075X http://ddms.usim.edu.my/handle/123456789/9800 en_US JMIFR-VOL.11,NO.1,2014; Universiti Sains Islam Malaysia
institution Universiti Sains Islam Malaysia
building USIM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universit Sains Islam i Malaysia
content_source USIM Institutional Repository
url_provider http://ddms.usim.edu.my/
language en_US
topic Bay‘ al-tawarruq
Bank Muamalat Malaysia Berhad
Produk-produk pembiayaan
Perbankan Islam
spellingShingle Bay‘ al-tawarruq
Bank Muamalat Malaysia Berhad
Produk-produk pembiayaan
Perbankan Islam
Mahyudin, Mohd Izuwan
Che Seman, Azizi
Bay‘ Al-Tawarruq Dan Aplikasinya Di Bank Muamalat Malaysia Berhad
description A study of the Islamic banking products especially in the implementation of bay‘ al- tawarruq transaction shows that the purpose of that transaction is to provide liquidity to the customer such as personal financing, working capital expenditure, cash lines and credit card. However as the industry expanded widely, there is innovative effort taken by industry player by extending the products to involve investment and deposit instrument that provide fixed return to the customer. As a second full fledged Islamic bank in Malaysia, Bank Muamalat Malaysia Berhad (BMMB) is also involved in offering products based on bay‘ al- tawarruq concept. Hence, this study intends to study the original principles of bay‘ al- tawarruq contract and its current applications in BMMB. The data is obtained from two sources, secondary sources and primary sources. Among the secondary sources used are data from libraries, reference materials such as books, papers, journals and newspaper. For primary sources, researcher used interviews with respective staff in BMMB. The study found that the bay‘ al-tawarruq contract has been adopted as an alternative to replace bay‘ al-‘īnah contract especially for financing based products offered in BMMB.
format Article
author Mahyudin, Mohd Izuwan
Che Seman, Azizi
author_facet Mahyudin, Mohd Izuwan
Che Seman, Azizi
author_sort Mahyudin, Mohd Izuwan
title Bay‘ Al-Tawarruq Dan Aplikasinya Di Bank Muamalat Malaysia Berhad
title_short Bay‘ Al-Tawarruq Dan Aplikasinya Di Bank Muamalat Malaysia Berhad
title_full Bay‘ Al-Tawarruq Dan Aplikasinya Di Bank Muamalat Malaysia Berhad
title_fullStr Bay‘ Al-Tawarruq Dan Aplikasinya Di Bank Muamalat Malaysia Berhad
title_full_unstemmed Bay‘ Al-Tawarruq Dan Aplikasinya Di Bank Muamalat Malaysia Berhad
title_sort bay‘ al-tawarruq dan aplikasinya di bank muamalat malaysia berhad
publisher Universiti Sains Islam Malaysia
publishDate 2016
url http://ddms.usim.edu.my/handle/123456789/9800
_version_ 1645152698686767104
score 13.222552