Islamic home financing through Musharakah Mutanaqisah and al-Bay’ Bithaman Ajil contracts: a comparative analysis

Home financing takes a large chunk of peoples’ income. As alternatives to conventional interest-based home financing modes, several Islamic modes are currently in existence, the dominant among which are the al-Bay’ Bithaman Ajil (BBA) and the Musharakah Mutanaqisah Partnership (MMP) contracts. The...

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Bibliographic Details
Main Authors: Mydin Meera, Ahamed Kameel, Abdul Razak, Dzuljastri
Format: Article
Language:English
Published: International Association for Islamic Economics 2005
Subjects:
Online Access:http://irep.iium.edu.my/9713/
http://irep.iium.edu.my/9713/
http://irep.iium.edu.my/9713/1/%281%29_-_MMP_paper_-_Review_of_Islamic_Econs.pdf