Diminishing partnership: bankers strategic response to Shariah compliant home financing
Diminishing Partnership (DP) is a relatively new concept in home financing based on equity compared to the established debt concept used in conventional and BBA home financing. Under DP home financing, the customer and bank share profit based on the rental value of the house instead of predetermin...
Main Authors: | Abdul Razak, Dzuljastri, Ismail, Yusof |
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Format: | Article |
Language: | English |
Published: |
KENMS-IIUM Press
2011
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Subjects: | |
Online Access: | http://irep.iium.edu.my/25924/ http://irep.iium.edu.my/25924/ http://irep.iium.edu.my/25924/1/%287-J%29_Diminishing_Partnership_Bankers_Strategic_Response_to_Shariah.pdf |
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