A revisit to the practice of late payment charges by Islamic Banks in Malaysia
Islamic banking in Malaysia have been experiencing late payment and default issues because customers are not allowed to be charged with interest (riba) as opposed to the practices in the conventional banking. To mitigate these issues, the Shariah Advisory Council of Bank Negara Malaysia has enforc...
| Main Authors: | Ezani Yaakub, Mohamed Azam Mohamed Adil, Asmak Husin, Mohd Dani Muhamad, Mohammad Mahyuddin Khalid, Mohd Solahuddin Shahruddin |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2014
|
| Online Access: | http://journalarticle.ukm.my/9420/ http://journalarticle.ukm.my/9420/ http://journalarticle.ukm.my/9420/1/9220-25196-1-PB.pdf |
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