Issues relating to the practice of Bai' Bithaman Ajil (BBA) in Malaysia : a critical analysia / Eka Nurfateha Mohd Rose Dzidan

Islamic financial industry experienced a massive growth over the last few years. Malaysia is one of the countries that show an amazing progress in this field. The current global financial crisis made some believe that the time has come for the Islamic finance to assume a greater role in the world of...

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Main Author: Mohd Rose Dzidan, Eka Nurfateha
Format: Student Project
Language:English
Published: Academy of Contemporary Islamic Studies (ACIS) 2016
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/23279/
http://ir.uitm.edu.my/id/eprint/23279/1/PPb_EKA%20NURFATEHA%20MOHD%20ROSE%20DZIDAN%20ACI%20B%2016_5.pdf
id uitm-23279
recordtype eprints
spelling uitm-232792019-02-27T01:55:38Z http://ir.uitm.edu.my/id/eprint/23279/ Issues relating to the practice of Bai' Bithaman Ajil (BBA) in Malaysia : a critical analysia / Eka Nurfateha Mohd Rose Dzidan Mohd Rose Dzidan, Eka Nurfateha Islam and economics Banking Finance, Islamic Islamic financial industry experienced a massive growth over the last few years. Malaysia is one of the countries that show an amazing progress in this field. The current global financial crisis made some believe that the time has come for the Islamic finance to assume a greater role in the world of financial. Thus, a big step has been taken by introducing some Islamic finance products that can be applied well in this country in accordance with the Shari’ah principle. One of the most preferred kinds of Islamic financing in Malaysian Islamic Banking Industry is Bay' Bithaman Ajil or better known by its acronyms BBA. This is because of the easiness of this product to be compared to the others but in the same time, it is also considers as the most debated type of facility in terms of its validity and Shari’ah compliance. This paper discusses the application of BBA in Malaysia and some possible issues that rise in the practice of this contract. This paper also attempts in suggesting the ways to overcome the disputable issues. This is to give benefit to the customer yet to the society so that, there will be no dispute happen in dealing with this contract. Library research and interview are the methods used in conducting this paper. Interview is conducted at Bank Islam Malaysia Berhad branch University Teknologi Mara. Academy of Contemporary Islamic Studies (ACIS) 2016 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/23279/1/PPb_EKA%20NURFATEHA%20MOHD%20ROSE%20DZIDAN%20ACI%20B%2016_5.pdf Mohd Rose Dzidan, Eka Nurfateha (2016) Issues relating to the practice of Bai' Bithaman Ajil (BBA) in Malaysia : a critical analysia / Eka Nurfateha Mohd Rose Dzidan. [Student Project] (Unpublished)
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
topic Islam and economics
Banking
Finance, Islamic
spellingShingle Islam and economics
Banking
Finance, Islamic
Mohd Rose Dzidan, Eka Nurfateha
Issues relating to the practice of Bai' Bithaman Ajil (BBA) in Malaysia : a critical analysia / Eka Nurfateha Mohd Rose Dzidan
description Islamic financial industry experienced a massive growth over the last few years. Malaysia is one of the countries that show an amazing progress in this field. The current global financial crisis made some believe that the time has come for the Islamic finance to assume a greater role in the world of financial. Thus, a big step has been taken by introducing some Islamic finance products that can be applied well in this country in accordance with the Shari’ah principle. One of the most preferred kinds of Islamic financing in Malaysian Islamic Banking Industry is Bay' Bithaman Ajil or better known by its acronyms BBA. This is because of the easiness of this product to be compared to the others but in the same time, it is also considers as the most debated type of facility in terms of its validity and Shari’ah compliance. This paper discusses the application of BBA in Malaysia and some possible issues that rise in the practice of this contract. This paper also attempts in suggesting the ways to overcome the disputable issues. This is to give benefit to the customer yet to the society so that, there will be no dispute happen in dealing with this contract. Library research and interview are the methods used in conducting this paper. Interview is conducted at Bank Islam Malaysia Berhad branch University Teknologi Mara.
format Student Project
author Mohd Rose Dzidan, Eka Nurfateha
author_facet Mohd Rose Dzidan, Eka Nurfateha
author_sort Mohd Rose Dzidan, Eka Nurfateha
title Issues relating to the practice of Bai' Bithaman Ajil (BBA) in Malaysia : a critical analysia / Eka Nurfateha Mohd Rose Dzidan
title_short Issues relating to the practice of Bai' Bithaman Ajil (BBA) in Malaysia : a critical analysia / Eka Nurfateha Mohd Rose Dzidan
title_full Issues relating to the practice of Bai' Bithaman Ajil (BBA) in Malaysia : a critical analysia / Eka Nurfateha Mohd Rose Dzidan
title_fullStr Issues relating to the practice of Bai' Bithaman Ajil (BBA) in Malaysia : a critical analysia / Eka Nurfateha Mohd Rose Dzidan
title_full_unstemmed Issues relating to the practice of Bai' Bithaman Ajil (BBA) in Malaysia : a critical analysia / Eka Nurfateha Mohd Rose Dzidan
title_sort issues relating to the practice of bai' bithaman ajil (bba) in malaysia : a critical analysia / eka nurfateha mohd rose dzidan
publisher Academy of Contemporary Islamic Studies (ACIS)
publishDate 2016
url http://ir.uitm.edu.my/id/eprint/23279/
http://ir.uitm.edu.my/id/eprint/23279/1/PPb_EKA%20NURFATEHA%20MOHD%20ROSE%20DZIDAN%20ACI%20B%2016_5.pdf
first_indexed 2023-09-18T23:10:27Z
last_indexed 2023-09-18T23:10:27Z
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