Home financing through the Musharakah Mutanaqisah contracts: Some practical issues

Meera and Abdul Razak (2005) compared the al-Bay’ Bithaman Ajil (BBA) and the Musharakah Mutanaqisah Partnership (MMP) contracts. The BBA, a murabahah contract, was argued to be problematic and even unIslamic for long-duration contracts. The MMP contract which is a combination of musharakah (partner...

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Bibliographic Details
Main Authors: Meera, Ahamed Kameel Mydin, Razak, Dzuljastri Abdul
Format: Article
Language:English
Published: King Abdulaziz University 2009
Subjects:
Online Access:http://irep.iium.edu.my/8020/
http://irep.iium.edu.my/8020/4/homefinancingMusharakahMutanaqisah.pdf