A few methods in charging fees for kafalah bank guarantee-i among Islamic banks in Malaysia
Kafalah (guarantee) is generally considered as a tabarru' (gratuitous gift) act, and the majority of past Muslim jurists held the opinion that imposing ujrah (fee) on Kafalah is not allowed; however some contemporary jurists have allowed it. Islamic banks in Malaysia offer Bank Guarantee-i (BG-...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English |
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International Shari'ah Research Academy for Islamic Finance (ISRA)
2014
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| Online Access: | http://irep.iium.edu.my/40186/ http://irep.iium.edu.my/40186/ http://irep.iium.edu.my/40186/1/Kafalah_Bank_Guarantee-i.pdf http://irep.iium.edu.my/40186/4/Kafalah_Bank_Guarantee-i.unlocked.pdf |