A review of commodity murabahah transaction as offered by Bursa Malaysia: a critical analysis from fiqh perspective

Commodity Murābahah is an example of product innovation in Islamic banking and finance, which is based on Murābahah and Tawarruq transactions. Both traditional and the contemporary Islamic jurists hold different opinions on its legality in the light of Fiqh. This study is aimed at understanding of C...

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Main Authors:	Mohd Noor, Azman, Mahadi, Nur Farhah
Format:	Conference or Workshop Item
Language:	English
Published:	2010
Subjects:	B Philosophy (General)
Online Access:	http://irep.iium.edu.my/16955/ http://irep.iium.edu.my/16955/ http://irep.iium.edu.my/16955/1/A-Review-Of-Commodity-Murabahah-Transaction-As-Offered-By-Bursa-Malaysia_.pdf

id	iium-16955
recordtype	eprints
spelling	iium-169552013-09-21T10:30:25Z http://irep.iium.edu.my/16955/ A review of commodity murabahah transaction as offered by Bursa Malaysia: a critical analysis from fiqh perspective Mohd Noor, Azman Mahadi, Nur Farhah B Philosophy (General) Commodity Murābahah is an example of product innovation in Islamic banking and finance, which is based on Murābahah and Tawarruq transactions. Both traditional and the contemporary Islamic jurists hold different opinions on its legality in the light of Fiqh. This study is aimed at understanding of Commodity Murābahah trading especially the current practical operations and describing preferred structures of Commodities Murābahah as offered by Bursa Malaysia to overcome the highlighted controversies of Sharī'ah issues. This paper will illustrate in detail the transactional flow of Bursa Sūq Al-Sila' as operated by Bursa Malaysia and will shed light on related Sharīah issues for improvement. 2010 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/16955/1/A-Review-Of-Commodity-Murabahah-Transaction-As-Offered-By-Bursa-Malaysia_.pdf Mohd Noor, Azman and Mahadi, Nur Farhah (2010) A review of commodity murabahah transaction as offered by Bursa Malaysia: a critical analysis from fiqh perspective. In: Langkawi International Conference Islamic Economics Finance and Banking, 13-15 December 2010, Kolej Universiti Insaniah, Kedah. http://esharianomics.com/wp-content/uploads/2011/04/A-Review-Of-Commodity-Murabahah-Transaction-As-Offered-By-Bursa-Malaysia_.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	B Philosophy (General)
spellingShingle	B Philosophy (General) Mohd Noor, Azman Mahadi, Nur Farhah A review of commodity murabahah transaction as offered by Bursa Malaysia: a critical analysis from fiqh perspective
description	Commodity Murābahah is an example of product innovation in Islamic banking and finance, which is based on Murābahah and Tawarruq transactions. Both traditional and the contemporary Islamic jurists hold different opinions on its legality in the light of Fiqh. This study is aimed at understanding of Commodity Murābahah trading especially the current practical operations and describing preferred structures of Commodities Murābahah as offered by Bursa Malaysia to overcome the highlighted controversies of Sharī'ah issues. This paper will illustrate in detail the transactional flow of Bursa Sūq Al-Sila' as operated by Bursa Malaysia and will shed light on related Sharīah issues for improvement.
format	Conference or Workshop Item
author	Mohd Noor, Azman Mahadi, Nur Farhah
author_facet	Mohd Noor, Azman Mahadi, Nur Farhah
author_sort	Mohd Noor, Azman
title	A review of commodity murabahah transaction as offered by Bursa Malaysia: a critical analysis from fiqh perspective
title_short	A review of commodity murabahah transaction as offered by Bursa Malaysia: a critical analysis from fiqh perspective
title_full	A review of commodity murabahah transaction as offered by Bursa Malaysia: a critical analysis from fiqh perspective
title_fullStr	A review of commodity murabahah transaction as offered by Bursa Malaysia: a critical analysis from fiqh perspective
title_full_unstemmed	A review of commodity murabahah transaction as offered by Bursa Malaysia: a critical analysis from fiqh perspective
title_sort	review of commodity murabahah transaction as offered by bursa malaysia: a critical analysis from fiqh perspective
publishDate	2010
url	http://irep.iium.edu.my/16955/ http://irep.iium.edu.my/16955/ http://irep.iium.edu.my/16955/1/A-Review-Of-Commodity-Murabahah-Transaction-As-Offered-By-Bursa-Malaysia_.pdf
first_indexed	2023-09-18T20:25:44Z
last_indexed	2023-09-18T20:25:44Z
_version_	1777408404265893888

A review of commodity murabahah transaction as offered by Bursa Malaysia: a critical analysis from fiqh perspective

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