Islamic bank retail financing products and services: A critical assessment
This paper discusses the Islamic bank retail financing, its instruments and operations. The discussion demonstrates that it is essential to have a banking system based on Shariah principles which fulfill needs of Muslim consumers. The paper examines the various personal financing products, their...
| Main Authors: | , , |
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| Format: | Proceeding Paper |
| Language: | English English |
| Published: |
Beşiz Publications
2016
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/51936/ http://irep.iium.edu.my/51936/1/ijcief-ozet-kitabi-son_157c47df1e067a.pdf http://irep.iium.edu.my/51936/2/Istanbul%20conference.pdf |
| _version_ | 1848783964819423232 |
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| author | Saiti, Buerhan Abdul Wahab, Hishamuddin Ahmad, Khaliq |
| author_facet | Saiti, Buerhan Abdul Wahab, Hishamuddin Ahmad, Khaliq |
| author_sort | Saiti, Buerhan |
| building | IIUM Repository |
| collection | Online Access |
| description | This paper discusses the Islamic bank retail financing, its instruments and
operations. The discussion demonstrates that it is essential to have a banking system
based on Shariah principles which fulfill needs of Muslim consumers. The paper
examines the various personal financing products, their underlying Islamic contracts
and their computation mechanisms with appropriate examples. It also evaluates
critically products of Islamic bank retail financing. The availability of various
personal financing instruments in Islamic banks allows Muslim consumers to
achieve their financing needs. Moving forward, more variety of instruments which
invite less Shariah issues must be offered in the market to ensure a more vibrant
Islamic banking system |
| first_indexed | 2025-11-14T16:29:43Z |
| format | Proceeding Paper |
| id | iium-51936 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T16:29:43Z |
| publishDate | 2016 |
| publisher | Beşiz Publications |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-519362016-12-30T06:06:47Z http://irep.iium.edu.my/51936/ Islamic bank retail financing products and services: A critical assessment Saiti, Buerhan Abdul Wahab, Hishamuddin Ahmad, Khaliq HG1501 Banking This paper discusses the Islamic bank retail financing, its instruments and operations. The discussion demonstrates that it is essential to have a banking system based on Shariah principles which fulfill needs of Muslim consumers. The paper examines the various personal financing products, their underlying Islamic contracts and their computation mechanisms with appropriate examples. It also evaluates critically products of Islamic bank retail financing. The availability of various personal financing instruments in Islamic banks allows Muslim consumers to achieve their financing needs. Moving forward, more variety of instruments which invite less Shariah issues must be offered in the market to ensure a more vibrant Islamic banking system Beşiz Publications 2016 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/51936/1/ijcief-ozet-kitabi-son_157c47df1e067a.pdf application/pdf en http://irep.iium.edu.my/51936/2/Istanbul%20conference.pdf Saiti, Buerhan and Abdul Wahab, Hishamuddin and Ahmad, Khaliq (2016) Islamic bank retail financing products and services: A critical assessment. In: International Joint Conference on Islamic Economics and Finance (IJCIEF), 1st-3rd September 2016, Istanbul, Turkey. http://www.icisef.org/ |
| spellingShingle | HG1501 Banking Saiti, Buerhan Abdul Wahab, Hishamuddin Ahmad, Khaliq Islamic bank retail financing products and services: A critical assessment |
| title | Islamic bank retail financing products and services: A critical assessment |
| title_full | Islamic bank retail financing products and services: A critical assessment |
| title_fullStr | Islamic bank retail financing products and services: A critical assessment |
| title_full_unstemmed | Islamic bank retail financing products and services: A critical assessment |
| title_short | Islamic bank retail financing products and services: A critical assessment |
| title_sort | islamic bank retail financing products and services: a critical assessment |
| topic | HG1501 Banking |
| url | http://irep.iium.edu.my/51936/ http://irep.iium.edu.my/51936/ http://irep.iium.edu.my/51936/1/ijcief-ozet-kitabi-son_157c47df1e067a.pdf http://irep.iium.edu.my/51936/2/Istanbul%20conference.pdf |