Contracts, structures, and computation mechanisms of Islamic bank retail financing products: a critical assessment

• Main Authors: Saiti, Buerhan, Abdul Wahab, Hishamuddin, Ahmad, Khaliq
• Format: Book Chapter
• Language: English
• Published: Palgrave Macmillan 2017
• Subjects: HG1501 Banking
• Online Access: http://irep.iium.edu.my/52929/1/52929.pdf; http://irep.iium.edu.my/52929/; https://www.palgrave.com/de/book/9783319459097; http://link.springer.com/chapter/10.1007/978-3-319-45910-3_5
• Institution: Universiti Islam Antarabangsa Malaysia

This chapter discusses Islamic bank retail financing, its instruments, and operations. The discussion demonstrates that it is essential to have a banking system based on Shariah principles that fulfill the needs of Muslim consumers. The chapter examines the various personal financing products, t...