Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study
Rahn or pawn broking is one of contracts that Islam allows to assist people when they are short of money to ease their financial difficulty. Obviously, in Islamic teaching, collaterals other than gold and silver are allowed but the collaterals' variation in Islamic institutions in Malaysia do...
| Main Authors: | , , |
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| Format: | Proceeding Paper |
| Language: | English English |
| Published: |
2017
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/56029/ http://irep.iium.edu.my/56029/3/PAPER%20RAHN.pdf http://irep.iium.edu.my/56029/18/56029_tentative.pdf |
| _version_ | 1848784669966860288 |
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| author | Md Harun, Ahmad Syahir Haneef, Sayed Sikandar Shah Awang, Abdul Bari |
| author_facet | Md Harun, Ahmad Syahir Haneef, Sayed Sikandar Shah Awang, Abdul Bari |
| author_sort | Md Harun, Ahmad Syahir |
| building | IIUM Repository |
| collection | Online Access |
| description | Rahn or pawn broking is one of contracts that Islam allows to assist people when they are short of money to ease their financial difficulty. Obviously, in Islamic teaching, collaterals other than gold and silver are allowed but the collaterals' variation in Islamic institutions in Malaysia do not apply this teaching in their system as compared to conventional pawn broking where people are more attracted to them since they offer other collaterals such as lands, houses, cars and electronic devices. Therefore, this study will show the necessity of diversifying collateral in rahn scheme in Islamic Institutions in Malaysia. This study is important to show people that Islamic revelation is relevant to today's developments which ease people in all aspect especially economy. This study will analyze the relevant previous researches in rahn as a literature study. |
| first_indexed | 2025-11-14T16:40:56Z |
| format | Proceeding Paper |
| id | iium-56029 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-14T16:40:56Z |
| publishDate | 2017 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-560292017-05-02T00:51:27Z http://irep.iium.edu.my/56029/ Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study Md Harun, Ahmad Syahir Haneef, Sayed Sikandar Shah Awang, Abdul Bari KBP639 Muʻāmalāt Rahn or pawn broking is one of contracts that Islam allows to assist people when they are short of money to ease their financial difficulty. Obviously, in Islamic teaching, collaterals other than gold and silver are allowed but the collaterals' variation in Islamic institutions in Malaysia do not apply this teaching in their system as compared to conventional pawn broking where people are more attracted to them since they offer other collaterals such as lands, houses, cars and electronic devices. Therefore, this study will show the necessity of diversifying collateral in rahn scheme in Islamic Institutions in Malaysia. This study is important to show people that Islamic revelation is relevant to today's developments which ease people in all aspect especially economy. This study will analyze the relevant previous researches in rahn as a literature study. 2017-02-21 Proceeding Paper NonPeerReviewed application/pdf en http://irep.iium.edu.my/56029/3/PAPER%20RAHN.pdf application/pdf en http://irep.iium.edu.my/56029/18/56029_tentative.pdf Md Harun, Ahmad Syahir and Haneef, Sayed Sikandar Shah and Awang, Abdul Bari (2017) Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study. In: 6th International Conference on Islamic Jurisprudence (ICIJ 2017), 21st-23rd Feb. 2017, Kuala Lumpur. (Unpublished) http://www3.iium.edu.my/irkhs/icij2017/ |
| spellingShingle | KBP639 Muʻāmalāt Md Harun, Ahmad Syahir Haneef, Sayed Sikandar Shah Awang, Abdul Bari Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study |
| title | Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study |
| title_full | Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study |
| title_fullStr | Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study |
| title_full_unstemmed | Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study |
| title_short | Collaterals' issue in RAHN scheme and conventional pawn broking: a literature study |
| title_sort | collaterals' issue in rahn scheme and conventional pawn broking: a literature study |
| topic | KBP639 Muʻāmalāt |
| url | http://irep.iium.edu.my/56029/ http://irep.iium.edu.my/56029/ http://irep.iium.edu.my/56029/3/PAPER%20RAHN.pdf http://irep.iium.edu.my/56029/18/56029_tentative.pdf |