Concept of Ar-Rahn in Islamic finance : another alternatives

In today's world more people rely on getting money by mortgaging their properties. It is done because of many reasons such as maintaining daily life or funding the expensive tertiary studies. In today's conventional mortgage has prove that by pledging their properties it could be risky an...

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Main Authors:	A. Rahim, M. Zamir Azfar, A. Halim, M. Hafizuddin, Zulkifli, M. Mokhzani, Kayadibi, Saim
Format:	Book Chapter
Language:	English
Published:	IIUM Press 2011
Subjects:	BP1 Islam HG Finance
Online Access:	http://irep.iium.edu.my/20533/ http://irep.iium.edu.my/20533/ http://irep.iium.edu.my/20533/1/Concept_of_Ar-Rahn_in_Islamic_Finance.pdf

id	iium-20533
recordtype	eprints
spelling	iium-205332012-11-06T10:39:26Z http://irep.iium.edu.my/20533/ Concept of Ar-Rahn in Islamic finance : another alternatives A. Rahim, M. Zamir Azfar A. Halim, M. Hafizuddin Zulkifli, M. Mokhzani Kayadibi, Saim BP1 Islam HG Finance In today's world more people rely on getting money by mortgaging their properties. It is done because of many reasons such as maintaining daily life or funding the expensive tertiary studies. In today's conventional mortgage has prove that by pledging their properties it could be risky and may end up leaves them at worst homeless. It is because the interest in today's conventional mortgage seems to be a burden to some people.Base on this situation, many people especially Muslim are becoming aw'are and change their choice from conventional mortgage to more Islamic way which is Ar-Ralm. It is mention in Al-quran is that as a Muslim he/she should take Ar-Rahn. Plus the cons in conventional mortgage is that it is heavily rely on riba which is vel)' clearly stated it is Haram for a muslim to be involved with them IIUM Press 2011 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/20533/1/Concept_of_Ar-Rahn_in_Islamic_Finance.pdf A. Rahim, M. Zamir Azfar and A. Halim, M. Hafizuddin and Zulkifli, M. Mokhzani and Kayadibi, Saim (2011) Concept of Ar-Rahn in Islamic finance : another alternatives. In: The Principal of Currency Value System and Islam Banking and Finance. IIUM Press, Kuala Lumpur, pp. 205-219. ISBN 978-967-418-118-5 http://rms.research.iium.edu.my/bookstore/default.aspx
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	BP1 Islam HG Finance
spellingShingle	BP1 Islam HG Finance A. Rahim, M. Zamir Azfar A. Halim, M. Hafizuddin Zulkifli, M. Mokhzani Kayadibi, Saim Concept of Ar-Rahn in Islamic finance : another alternatives
description	In today's world more people rely on getting money by mortgaging their properties. It is done because of many reasons such as maintaining daily life or funding the expensive tertiary studies. In today's conventional mortgage has prove that by pledging their properties it could be risky and may end up leaves them at worst homeless. It is because the interest in today's conventional mortgage seems to be a burden to some people.Base on this situation, many people especially Muslim are becoming aw'are and change their choice from conventional mortgage to more Islamic way which is Ar-Ralm. It is mention in Al-quran is that as a Muslim he/she should take Ar-Rahn. Plus the cons in conventional mortgage is that it is heavily rely on riba which is vel)' clearly stated it is Haram for a muslim to be involved with them
format	Book Chapter
author	A. Rahim, M. Zamir Azfar A. Halim, M. Hafizuddin Zulkifli, M. Mokhzani Kayadibi, Saim
author_facet	A. Rahim, M. Zamir Azfar A. Halim, M. Hafizuddin Zulkifli, M. Mokhzani Kayadibi, Saim
author_sort	A. Rahim, M. Zamir Azfar
title	Concept of Ar-Rahn in Islamic finance : another alternatives
title_short	Concept of Ar-Rahn in Islamic finance : another alternatives
title_full	Concept of Ar-Rahn in Islamic finance : another alternatives
title_fullStr	Concept of Ar-Rahn in Islamic finance : another alternatives
title_full_unstemmed	Concept of Ar-Rahn in Islamic finance : another alternatives
title_sort	concept of ar-rahn in islamic finance : another alternatives
publisher	IIUM Press
publishDate	2011
url	http://irep.iium.edu.my/20533/ http://irep.iium.edu.my/20533/ http://irep.iium.edu.my/20533/1/Concept_of_Ar-Rahn_in_Islamic_Finance.pdf
first_indexed	2023-09-18T20:30:54Z
last_indexed	2023-09-18T20:30:54Z
_version_	1777408728970035200

Concept of Ar-Rahn in Islamic finance : another alternatives

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