Exploring application of equity-based financing through musharakah mutanaqisah in Islamic Banks in Malaysia: perspective from the industry players
Due to the prohibition of interest in Islamic financial transactions as well as the nature of the Islamic banks which is based on the profit and loss sharing concept, the equity-based financing should be widely adopted rather than debt-based financing which is similar to that of the conv...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
International Islamic University Malaysia
2015
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/46101/ http://irep.iium.edu.my/46101/ http://irep.iium.edu.my/46101/1/Noraini_IJEMA_2015.pdf |