Current practices of Islamic credit cards in Malaysia
The practice of Islamic credit cards today is still controversial among Muslim scholars particularly concerning to its contracts and as well as its efficiency to attain Maslahah. The Islamic credit card is very important and some studies have done on it. Conversely, studying about the contrast of th...
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| Format: | Article |
| Language: | English |
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Scholars Middle East Publishers
2017
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| Online Access: | http://irep.iium.edu.my/61777/ http://irep.iium.edu.my/61777/1/Saudi%20Journal%20of%20Business_1179%20%282%29.pdf |
| _version_ | 1848785731846144000 |
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| author | Uddin, Mohi Hossin, M.M. Ismail Islam, Mohd Aminul |
| author_facet | Uddin, Mohi Hossin, M.M. Ismail Islam, Mohd Aminul |
| author_sort | Uddin, Mohi |
| building | IIUM Repository |
| collection | Online Access |
| description | The practice of Islamic credit cards today is still controversial among Muslim scholars particularly concerning to its contracts and as well as its efficiency to attain Maslahah. The Islamic credit card is very important and some studies have done on it. Conversely, studying about the contrast of the various product of Islamic credit cards practiced in Malaysia, although in the recent year is still limited. Consequently, this paper would like to undertake this concern by comparing the various products of Islamic Credit Cards in Malaysia. Islamic credit card known as Credit Card-i is such of the alternate banking products instigated through Bank Negara Malaysia (BNM), also Islamic financial institutions in Malaysia to exchange the conventional credit card. This article aims on evaluating the bay‟ al-„Inah, Tawarruq as well as Ujrah development while practiced over Bank Negara Malaysia (BNM) as well as Islamic Financial Institutions in Malaysia with Shariah compliance perceptions. The method used is explanative along with positive absorbed criticism which aims next to well the offered structure. |
| first_indexed | 2025-11-14T16:57:48Z |
| format | Article |
| id | iium-61777 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T16:57:48Z |
| publishDate | 2017 |
| publisher | Scholars Middle East Publishers |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-617772018-02-01T04:03:11Z http://irep.iium.edu.my/61777/ Current practices of Islamic credit cards in Malaysia Uddin, Mohi Hossin, M.M. Ismail Islam, Mohd Aminul HG Finance HG3368 Islamic Banking and Finance The practice of Islamic credit cards today is still controversial among Muslim scholars particularly concerning to its contracts and as well as its efficiency to attain Maslahah. The Islamic credit card is very important and some studies have done on it. Conversely, studying about the contrast of the various product of Islamic credit cards practiced in Malaysia, although in the recent year is still limited. Consequently, this paper would like to undertake this concern by comparing the various products of Islamic Credit Cards in Malaysia. Islamic credit card known as Credit Card-i is such of the alternate banking products instigated through Bank Negara Malaysia (BNM), also Islamic financial institutions in Malaysia to exchange the conventional credit card. This article aims on evaluating the bay‟ al-„Inah, Tawarruq as well as Ujrah development while practiced over Bank Negara Malaysia (BNM) as well as Islamic Financial Institutions in Malaysia with Shariah compliance perceptions. The method used is explanative along with positive absorbed criticism which aims next to well the offered structure. Scholars Middle East Publishers 2017-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/61777/1/Saudi%20Journal%20of%20Business_1179%20%282%29.pdf Uddin, Mohi and Hossin, M.M. Ismail and Islam, Mohd Aminul (2017) Current practices of Islamic credit cards in Malaysia. Saudi Journal of Business and Management Studies (SJBMS), 2 (12B). pp. 1189-1192. ISSN 2415-6663 E-ISSN 2415-6671 http://scholarsmepub.com/wp-content/uploads/2018/01/SJBMS-212B1189-1192.pdf 10.21276/sjbms.2017.2.12.17 |
| spellingShingle | HG Finance HG3368 Islamic Banking and Finance Uddin, Mohi Hossin, M.M. Ismail Islam, Mohd Aminul Current practices of Islamic credit cards in Malaysia |
| title | Current practices of Islamic credit cards in Malaysia |
| title_full | Current practices of Islamic credit cards in Malaysia |
| title_fullStr | Current practices of Islamic credit cards in Malaysia |
| title_full_unstemmed | Current practices of Islamic credit cards in Malaysia |
| title_short | Current practices of Islamic credit cards in Malaysia |
| title_sort | current practices of islamic credit cards in malaysia |
| topic | HG Finance HG3368 Islamic Banking and Finance |
| url | http://irep.iium.edu.my/61777/ http://irep.iium.edu.my/61777/ http://irep.iium.edu.my/61777/ http://irep.iium.edu.my/61777/1/Saudi%20Journal%20of%20Business_1179%20%282%29.pdf |