Examining the issues of conventional and islamic trust receipt in banks

• Main Authors: Syed Alwi, Sharifah Faigah, Osman, Ismah, Mohammad Hatta, Mohammad Firdaus, Ibrahim, Uzaimah, Sawari, Mohd Fuad
• Format: Article
• Language: English
• Published: American Scientific Publishers 2015
• Subjects: HG1501 Banking; KBP Islamic Law
• Online Access: http://irep.iium.edu.my/47072/1/Islamic_Trust_Receipt-Ibima-Advanced-Science-Letters.pdf; http://irep.iium.edu.my/47072/; http://www.ingentaconnect.com/content/asp/asl/2015/00000021/00000005/art00127?token=003b1483415e7b76504c48666770452a2b2f2a406a2d3b6a333f25763b8; http://dx.doi.org/10.1166/asl.2015.6112
• Institution: Universiti Islam Antarabangsa Malaysia

One of the conventional trade finance facilities is trust receipt. This facility is known as Murabahah Trust Receipt-i (TR-i) in Malaysian Islamic banks. The objective of this paper is to examine the nature of both conventional and Islamic trust receipt in terms of the similarities and differences....