Protection of hirer's interest under hire purchase transaction in Malaysia: the roles of ministry of domestic trade, co-operatives and consumerism

• Main Authors: Ilias, Ibtisam@Ilyana, Hassan, Rusni, Kassim, Salina, Abu Bakar, Elistina
• Format: Conference or Workshop Item
• Language: English
• Published: 2017
• Subjects: HG Finance; HG3368 Islamic Banking and Finance; HG3691 Credit; K Law (General); KPG Malaysia
• Online Access: http://irep.iium.edu.my/64692/15/64692%20Protection%20of%20hirer%27s%20interest.pdf; http://irep.iium.edu.my/64692/
• Institution: Universiti Islam Antarabangsa Malaysia

This paper examines the roles of Ministry of Domestic Trade, Co-operatives and Consumerism in protecting the hirer’s interest under the hire purchase transaction. In addition to a rigorous scrutiny on its regulatory powers and functions conferred by the Hire Purchase Act 1967, the ministry’s instit...