Hibah sebagai akad alternatif dalam perniagaan francais di Malaysia: realiti atau mitos? [Hibah as an alternatif Islamic contract in Malaysian franchise business: reality or myth?]
Franchising is one of the methods of marketing of goods or services. A franchisor with a complete business format may sell the business to a franchisee for a specified period of time with the prescribed fee. However, current franchise contracts are in accordance with the form or characteristics t...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Global Academic Excellence
2018
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| Subjects: | |
| Online Access: | http://repo.uum.edu.my/25447/1/IJLGC%203%2013%202018%20%20106%20121.pdf http://repo.uum.edu.my/25447/ http://www.ijlgc.com/archived.asm |
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| Summary: | Franchising is one of the methods of marketing of goods or services. A franchisor
with a complete business format may sell the business to a franchisee for a specified period of
time with the prescribed fee. However, current franchise contracts are in accordance with the
form or characteristics that are subject to the Franchise Act 1998. The Islamic entrepreneurs
who carry out the franchise business in Malaysia need to have an alternative in the formation
of this contract for example through musyarakah, mudarabah, ijarah or hibah. Therefore, the
objective of this article is to discuss hibah as one of the suitable alternative agreements to be
practiced in the franchise business in Malaysia. This is qualitative study that involves a
systematic study of philosophical and academic views. Therefore, this study is not an
empirical study but rather a library study. The result of this study is that hibah in franchise
business can occur when a franchisor distributes its format and complete franchise business
system to franchisees without any financial rewards as it does in today's conventional
franchise system. In order to implement this hibah, some important issues need to be realized
namely, self-awareness for philanthropy; provision of systematic modules; the hope of doing
righteous deeds for the benefit of the hereafter; commitment to the success of hibah; control
requirements; stability in a franchise business; and selected offers. |
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