Remedies available to Malaysian Islamic banks upon default of monthly payment by the customer in Musharakah Mutanaqisah (diminishing partnership) house financing

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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Bibliographic Details
Main Authors: Othman, Ahmad Azam, Hassan, Rusni, Omar, Muhammad Naim, Mokhtar, Norlizah
Format: Proceeding Paper
Language:English
Published: 2014
Subjects:
HG Finance
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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Institution: Universiti Islam Antarabangsa Malaysia
Language: English

Internet

http://irep.iium.edu.my/38559/2/IBMC_2014_ABSTRACT_SCHEDULE_AND_CERT.pdf
http://irep.iium.edu.my/38559/

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