2 results for “Diminishing partnership”

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Research ArticleOpen accessPhrase in the titleCustomers’ Attitude towards Diminishing Partnership Home Financing in Islamic BankingDzuljastri Abdul Razak, Muhamad AbduhProblem statement: Diminishing partnership or musharakah mutanaqisah contract in home financing is recently introduced by the Islamic banking industry as an alternative of the bay bi’thaman ajil contract which has received many criticism from shariah scholars as mimicking conventional loan. This study aims to examine customers’ attitude upon diminishing partnership home financing and their intention to subscribe into the financing … …American Journal of Applied Sciences, Vol. 9, Issue 4 · 15 Feb 2012 · 7,905 accessesView PDF Cite

Research ArticleOpen accessIn the abstractMusharakah Mutanaqisah Partnership in Malaysia’s Islamic Bank: A Comparison Between Theory and PracticeLee Ching LungDiminishing Musharakah Mutanaqisah Partnership (MMP) contract has been offered by Islamic banks in Malaysia, this study aims to presents the result of a comparison made between the theoretical explanations of how the MMP works and what is actually being done in practice. This study makes use of a qualitative approach in analysing how the MMP works in practice. It then … …American Journal of Economics and Business Administration, Vol. 5, Issue 3 · 12 Feb 2014 · 8,964 accessesView PDF Cite