Classification of Defaulter in the Payment of Debt in Islamic Banking Practices from Sharī‘Ah Perspective

• Main Authors: Hasan, Aznan, Haron, Muhamad Nasir, Mohamed, Mohd Faysal, Mana, Budeeman
• Format: Article
• Language: English; English
• Published: International Islamic University Malaysia 2021
• Subjects: BPH Islamic Economics
• Online Access: http://irep.iium.edu.my/89888/1/89888_Classification%20of%20Defaulter%20in%20the%20Payment%20of%20Debt.pdf; http://irep.iium.edu.my/89888/7/89888_Classification%20of%20Defaulter%20in%20the%20Payment%20of%20Debt_SCOPUS.pdf; http://irep.iium.edu.my/89888/; https://www-scopus-com.ezlib.iium.edu.my/record/display.uri?eid=2-s2.0-85039908299&origin=resultslist&sort=plf-f&src=s&sid=92973f1c9c1966165e8dd932c287ea95&sot=b&sdt=b&sl=120&s=TITLE-ABS-KEY%28Classification+of+Defaulter+in+the+Payment+of+Debt+in+Islamic+Banking+Practices+from+Shar%c4%ab%e2%80%98Ah+Perspective%29&relpos=0&citeCnt=0&searchTerm=
• Institution: Universiti Islam Antarabangsa Malaysia

This paper discusses the issue of treatment of debt defaulter from Islamic perspective and its current practices in Islamic banking and finance. In brief, the paper begins with an overview of debt and its payment obligation. The paper also explains the current situation of treating defaulter in Isla...