Musharakah Tijarah cross-border financing: concept, structure and salient features

Musharakah Tijarah Cross-Border Financing (“Product”) is the product to enable the Bank to undertake project and contract cross-border financing activities or other identified business ventures on “pure” Joint Venture basis,using the underlying Islamic financing contract of Musharakah. Musharakah co...

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Main Authors:	Salehuddin, Sharullizuannizam, Saiti, Buerhan
Format:	Article
Language:	English
Published:	PESA Publications 2016
Subjects:	HG1501 Banking
Online Access:	http://irep.iium.edu.my/53599/ http://irep.iium.edu.my/53599/ http://irep.iium.edu.my/53599/ http://irep.iium.edu.my/53599/1/147-320-1-PB.pdf

id	iium-53599
recordtype	eprints
spelling	iium-535992016-12-15T00:36:34Z http://irep.iium.edu.my/53599/ Musharakah Tijarah cross-border financing: concept, structure and salient features Salehuddin, Sharullizuannizam Saiti, Buerhan HG1501 Banking Musharakah Tijarah Cross-Border Financing (“Product”) is the product to enable the Bank to undertake project and contract cross-border financing activities or other identified business ventures on “pure” Joint Venture basis,using the underlying Islamic financing contract of Musharakah. Musharakah concept has a low market share of less than 2.5% in the overall existing Islamic financing products in Malaysia. This product encourages mobilization of idle capital / cash entities and thus provides a basis for economic cooperation between these organizations in the society. The product also is expected to inject greater prosper to the Bank’s overall performance and ultimately able to assist small time landowners in a big way through business risk sharing. Musharakah provides an alternative investment, which will cater for Islamic investors and partners, especially from GCC, who may have been reluctant to invest in conventional or current debt-based financing scheme. With Musharakah concept, the most preferred and globally accepted Islamic financing, this can attract these investors to participate on similar risk-sharing arrangements through the creation of Specific Investment Account (SIA) or Islamic Syndication to back financing made into the Joint Venture. PESA Publications 2016 Article PeerReviewed application/pdf en http://irep.iium.edu.my/53599/1/147-320-1-PB.pdf Salehuddin, Sharullizuannizam and Saiti, Buerhan (2016) Musharakah Tijarah cross-border financing: concept, structure and salient features. International Journal of Islamic Economics and Finance Studies, 2 (3). pp. 1-26. ISSN 2149-8407 file:///C:/Users/user/Downloads/147-320-1-PB%20(1).pdf http://ijisef.org/index.php/IJISEF/issue/view/9
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG1501 Banking
spellingShingle	HG1501 Banking Salehuddin, Sharullizuannizam Saiti, Buerhan Musharakah Tijarah cross-border financing: concept, structure and salient features
description	Musharakah Tijarah Cross-Border Financing (“Product”) is the product to enable the Bank to undertake project and contract cross-border financing activities or other identified business ventures on “pure” Joint Venture basis,using the underlying Islamic financing contract of Musharakah. Musharakah concept has a low market share of less than 2.5% in the overall existing Islamic financing products in Malaysia. This product encourages mobilization of idle capital / cash entities and thus provides a basis for economic cooperation between these organizations in the society. The product also is expected to inject greater prosper to the Bank’s overall performance and ultimately able to assist small time landowners in a big way through business risk sharing. Musharakah provides an alternative investment, which will cater for Islamic investors and partners, especially from GCC, who may have been reluctant to invest in conventional or current debt-based financing scheme. With Musharakah concept, the most preferred and globally accepted Islamic financing, this can attract these investors to participate on similar risk-sharing arrangements through the creation of Specific Investment Account (SIA) or Islamic Syndication to back financing made into the Joint Venture.
format	Article
author	Salehuddin, Sharullizuannizam Saiti, Buerhan
author_facet	Salehuddin, Sharullizuannizam Saiti, Buerhan
author_sort	Salehuddin, Sharullizuannizam
title	Musharakah Tijarah cross-border financing: concept, structure and salient features
title_short	Musharakah Tijarah cross-border financing: concept, structure and salient features
title_full	Musharakah Tijarah cross-border financing: concept, structure and salient features
title_fullStr	Musharakah Tijarah cross-border financing: concept, structure and salient features
title_full_unstemmed	Musharakah Tijarah cross-border financing: concept, structure and salient features
title_sort	musharakah tijarah cross-border financing: concept, structure and salient features
publisher	PESA Publications
publishDate	2016
url	http://irep.iium.edu.my/53599/ http://irep.iium.edu.my/53599/ http://irep.iium.edu.my/53599/ http://irep.iium.edu.my/53599/1/147-320-1-PB.pdf
first_indexed	2023-09-18T21:15:48Z
last_indexed	2023-09-18T21:15:48Z
_version_	1777411553898790912

Musharakah Tijarah cross-border financing: concept, structure and salient features

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