Home financing through the Musharakah Mutanaqisah contracts: Some practical issues
Meera and Abdul Razak (2005) compared the al-Bay’ Bithaman Ajil (BBA) and the Musharakah Mutanaqisah Partnership (MMP) contracts. The BBA, a murabahah contract, was argued to be problematic and even unIslamic for long-duration contracts. The MMP contract which is a combination of musharakah (partner...
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| Format: | Article |
| Language: | English |
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King Abdulaziz University
2009
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| Online Access: | http://irep.iium.edu.my/8020/ http://irep.iium.edu.my/8020/4/homefinancingMusharakahMutanaqisah.pdf |