Unfair terms in Islamic banking contracts: realizing Maqasid al-Shariah towards banking consumer protection in Malaysia

QR Code

Unfair terms in Islamic banking contracts: realizing Maqasid al-Shariah towards banking consumer protection in Malaysia

The use of unfair contract terms in Islamic banking contracts remains a serious problem in Malaysia. Most Islamic banking contracts are in standard form contracts, also known as ‘adhesion contracts’ which are predrafted by the party with strong bargaining power in the contract and contain terms th...

Full description

Bibliographic Details
Main Authors:	Abu Bakar, Noor Mahinar, Mohd. Yasin, Norhashimah
Format:	Proceeding Paper
Language:	English
Published:	2016
Subjects:	BP173.75 Islam and economics HG1501 Banking KBP173.25 Islamic law and other disciplines or subjects
Online Access:	http://irep.iium.edu.my/54111/ http://irep.iium.edu.my/54111/1/54111_UNFAIR%20TERMS%20IN%20ISLAMIC%20BANKING%20CONTRACTS.pdf

Similar Items

Applications of Maqasid al-Shari’ah and Maslahah in Islamic Banking practices: an analysis
by: Al-Mubarak, Tawfique, et al.
Published: (2010)

Family problems - wife’s work - and its solution in the light of Maqasid Shariah
by: Muhammad Husni, Ahmad, et al.
Published: (2015)

Relationship of maqasid al-shariah with al-qesas and diyah: analytical view
by: Muhammad Husni, Ahmad, et al.
Published: (2012)

An Islamic perspective in the Fiqh (jurisprudence) of banks of milk
by: Alwan, Ahmed Abbood, et al.
Published: (2012)

Alternatives to Settlement of Conflicts in Islamic Banking An Analytical Study
by: Husni, Ahmad Muhammad, et al.
Published: (2019)

Engaging on nationality status of non-Muslims: a maqasid-based approach
by: Haneef, Sayed Sikandar Shah
Published: (2010)

Islamic banks' dilemma between ideals and practice: debt or equity
by: Sadique, Muhammad Abdurrahman
Published: (2010)

Measures affecting the agreed profit sharing ratio in joint ventures financed by Islamic banks: a Shari’ah based evaluation
by: Sadique, Muhammad Abdurrahman
Published: (2009)

Shariah risk management process for Islamic financial institutions in the context of shariah governance framework 2010
by: Hassan, Rusni, et al.
Published: (2017)

The impact of the waiver of marriage announcement on the validity of the contract
by: Almabrouk, Mahdi Amin Mousa, et al.
Published: (2013)

A study on the Shariah decision making processes adopted by the Shariah committee in Malaysian Islamic financial institutions
by: Abdullah, Mohamad Asmadi, et al.
Published: (2014)

Shariah Lawyership system and its applications in Malaysia
by: Muhammad Husni, Ahmad
Published: (2013)

The implementation of Shariah governance framework of 2010: advantages and constraints
by: Omar, Muhammad Naim, et al.
Published: (2014)

Negotiating development contributions through planning aggreement: shari'ah perspectives
by: Sulaiman, Siti Sarah, et al.
Published: (2017)

Build, operate and transfer (BOT) contract and its models from a Sharī‛ah perspective
by: Azman, Mohd Noor, et al.
Published: (2014)

The principle of territoriality in Islamic law is there a locus regit actum in Shari’ah?
by: Bouzenita, Anke Sandra
Published: (2012)

Introduction to Islamic banking and finance : principles and practice
by: Hassan, M. Kabir, et al.
Published: (2013)

An overview of Shari'ah issues regarding the application of the Islamic letter of credit practice in Malaysia
by: Othman, Ahmad Azam, et al.
Published: (2010)

Best interest of children in division of matrimonial property/ harta sepencarian: bridging the gap between civil law and the Shariah
by: Ibrahim, Norliah
Published: (2011)

Comparative analysis of customer satisfaction on Islamic and conventional banks in Malaysia
by: Md Saad, Norma
Published: (2012)

Profit and loss allocation among Islamic bank and client partner in equity financing: practice, precepts and alternatives
by: Sadique, Muhammad Abdurrahman
Published: (2009)

Shari'ah position on ensuring presence of capital in joint equity based financing
by: Sadique, Muhammad Abdurrahman
Published: (2009)

حولَ نسبة "الشروط العُمريّة" إلى الخليفة الرّاشد الثاني: نظرات في مواقف العلماء المعاصرين = On the attribution of 'Umar terms" to second rightly-guided Caliph: reflections on the views of contemporary scholars = Tentang nisbat "al-Shurut al-'Umariyyah" terhadap Khalifah kedua: beberapa refleksi terhadap pandangan ulama kontemporari
by: Artalim Zaim, Muntaha
Published: (2013)

The role of Chinese Muslims in Islamization of Malaysia: Lessons from life of the companions
by: Mahmud, Mek Wok, et al.
Published: (2018)

Financing trade asset procurement and disposal on joint equity basis for MMES: an analysis of some vital Shariah and operational aspects
by: Sadique, Muhammad Abdurrahman
Published: (2010)

قضايا التعايش بين المسلمين وغيرهم في الواقع الاجتماعي والسياسي المعاصر: دراسة فقهية تأصيلية في ضوء مقاصد الشريعة = The issues of coexistence between Muslims and others in the contemporary social and political reality: a doctrinal study based on Maqasid al-Shari'ah = Isu-isu kewujudan bersama antara orang Islam dan non Muslim dalam realiti sosial dan politik kontemporari: satu kajian fiqh doktrinal berdasarkan Maqasid al-Shari'ah
by: Artalim Zaim, Muntaha
Published: (2017)

Decreasing partnership (al-mushārakah al-mutanāqisah) for asset and venture financing: realizing Shari‘ah essentials
by: Sadique, Muhammad Abdurrahman
Published: (2011)

Existence of capital at the commencement of joint ventures: an analysis of the Shari‘ah position in the context of modern money and banking practices
by: Sadique, Muhammad Abdurrahman
Published: (2009)

A comparism of child's right to education under islamic law and the convention on the rights of the child
by: Alhaji, Umar Alkali, et al.
Published: (2015)

دراسة منهجية في فكر محمد شحرور وكيفية تعامله مع النص الشرعي
by: Ibrahim Mohamed, Hossam El Din
Published: (2015)

Hak anak terhadap nafkah dalam perundangan Islam: sejauh manakah bapa bertanggungjawab menanggung nafkah anaknya
by: Hj Ibrahim, Badruddin, et al.
Published: (2013)

توسع تحقيق المناط عند الإمام الشاطبي فاطمة عاشوري مسني
by: Arif, Arif Ali
Published: (2015)

Abortion: an infringement of the foetus' right to life in Islamic law
by: Alkali, Alhaji Umar, et al.
Published: (2015)

The socio legal significance of family waqf and its revival under state control
by: Sadique, Muhammad Abdurrahman
Published: (2015)

الاعتماد على المؤشر في تحديد الأجرة وحكمه الشرعي
by: Negasi, Mohamed Ibrahim
Published: (2012)

التكييف القانوني لتقنيات التناسل المساعدة "دراسة مقارنة بين الشريعة الإسلامية والقانونية" = Legal characterization for reproduction techniques
by: Khalaf Kazim, Fatimah, et al.
Published: (2017)

Baby dumping scenario in Malaysia: an analysis on its similarity to infanticide or murder under the law of Malaysia
by: Mohd, Azizah, et al.
Published: (2016)

الإسلام في إندونيسيا: مراحل الوصول والانتشار والتكوين الاجتماعي (دراسة تحليلية في ضوء التعايش السلمي الدعوي) = Al-Islam fi Indunisiya: Marahil al-Wusul wa al-Intishar wa al-Takwin al-Ijtima'i: Dirasah fi Daw' al-Ta'ayush al-Silmi al-Da'awi
by: Artalim Zaim, Muntaha
Published: (2018)

Islamic jurisprudence perspectives on the practice of asset-based and asset-backed sukuk in Malaysia
by: Zakaria, Mohamad Zaharuddin, et al.
Published: (2017)

ضمانات إدارة قاضي التحقيق في المملكة العربية السعودية وأثرها على استقلاليَّته في ضوء الشريعة الإسلامية والمواثيق الدولية = Guarantees of management of the investigating judge in the Kingdom of Saudi Arabia and their impact on his independence in the light of Islamic law and international treaties
by: Salim, Yaser, et al.
Published: (2018)