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...
Main Authors: | Abdul Razak, Dzuljastri, Mydin Meera, Ahamed Kameel |
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Format: | Conference or Workshop Item |
Language: | English |
Published: |
2005
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Subjects: | |
Online Access: | http://irep.iium.edu.my/9716/ http://irep.iium.edu.my/9716/4/MMP_Paper_Islamic_home_financing.pdf |
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