Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study

Rahn or pawn broking is one of contracts that Islam allows to assist people when they are short of money to ease their financial difficulty. Obviously, in Islamic teaching, collaterals other than gold and silver are allowed but the collaterals' variation in Islamic institutions in Malaysia do...

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Main Authors: Md Harun, Ahmad Syahir, Haneef, Sayed Sikandar Shah, Awang, Abdul Bari
Format: Conference or Workshop Item
Language:English
English
Published: 2017
Subjects:
Online Access:http://irep.iium.edu.my/56029/
http://irep.iium.edu.my/56029/
http://irep.iium.edu.my/56029/3/PAPER%20RAHN.pdf
http://irep.iium.edu.my/56029/18/56029_tentative.pdf
id iium-56029
recordtype eprints
spelling iium-560292017-05-02T00:51:27Z http://irep.iium.edu.my/56029/ Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study Md Harun, Ahmad Syahir Haneef, Sayed Sikandar Shah Awang, Abdul Bari KBP639 Muʻāmalāt Rahn or pawn broking is one of contracts that Islam allows to assist people when they are short of money to ease their financial difficulty. Obviously, in Islamic teaching, collaterals other than gold and silver are allowed but the collaterals' variation in Islamic institutions in Malaysia do not apply this teaching in their system as compared to conventional pawn broking where people are more attracted to them since they offer other collaterals such as lands, houses, cars and electronic devices. Therefore, this study will show the necessity of diversifying collateral in rahn scheme in Islamic Institutions in Malaysia. This study is important to show people that Islamic revelation is relevant to today's developments which ease people in all aspect especially economy. This study will analyze the relevant previous researches in rahn as a literature study. 2017-02-21 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/56029/3/PAPER%20RAHN.pdf application/pdf en http://irep.iium.edu.my/56029/18/56029_tentative.pdf Md Harun, Ahmad Syahir and Haneef, Sayed Sikandar Shah and Awang, Abdul Bari (2017) Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study. In: 6th International Conference on Islamic Jurisprudence (ICIJ 2017), 21st-23rd Feb. 2017, Kuala Lumpur. (Unpublished) http://www3.iium.edu.my/irkhs/icij2017/
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic KBP639 Muʻāmalāt
spellingShingle KBP639 Muʻāmalāt
Md Harun, Ahmad Syahir
Haneef, Sayed Sikandar Shah
Awang, Abdul Bari
Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study
description Rahn or pawn broking is one of contracts that Islam allows to assist people when they are short of money to ease their financial difficulty. Obviously, in Islamic teaching, collaterals other than gold and silver are allowed but the collaterals' variation in Islamic institutions in Malaysia do not apply this teaching in their system as compared to conventional pawn broking where people are more attracted to them since they offer other collaterals such as lands, houses, cars and electronic devices. Therefore, this study will show the necessity of diversifying collateral in rahn scheme in Islamic Institutions in Malaysia. This study is important to show people that Islamic revelation is relevant to today's developments which ease people in all aspect especially economy. This study will analyze the relevant previous researches in rahn as a literature study.
format Conference or Workshop Item
author Md Harun, Ahmad Syahir
Haneef, Sayed Sikandar Shah
Awang, Abdul Bari
author_facet Md Harun, Ahmad Syahir
Haneef, Sayed Sikandar Shah
Awang, Abdul Bari
author_sort Md Harun, Ahmad Syahir
title Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study
title_short Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study
title_full Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study
title_fullStr Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study
title_full_unstemmed Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study
title_sort collaterals' issue in rahn scheme and conventional pawn broking: a literature study
publishDate 2017
url http://irep.iium.edu.my/56029/
http://irep.iium.edu.my/56029/
http://irep.iium.edu.my/56029/3/PAPER%20RAHN.pdf
http://irep.iium.edu.my/56029/18/56029_tentative.pdf
first_indexed 2023-09-18T21:19:03Z
last_indexed 2023-09-18T21:19:03Z
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