The application of sale contract as a mechanism of ownership transfer in Islamic hire purchase

The application of sale contract as a mechanism of ownership transfer in Islamic hire purchase

Ownership transfer is significant in Islamic hire purchase (IHP) operation as it enables customers to own the asset at the end of lease (ijarah) contract. The ownership transfer in Islamic hire purchase transaction usually takes effect by executing a sale contract. The execution of sale contract in...

Full description

Bibliographic Details
Main Authors: Muhammad Zin, Hakimah, Salamon, Hussin, Abdullah, Nurdianawati Irwani
Format: Proceeding Paper
Language:English
Published: Universiti Kebangsaan Malaysia 2015
Subjects:
BP140 Islamic law (Fiqh)
HG3368 Islamic Banking and Finance
JF491 Legislation. Legislative process. Law-making
Online Access:http://irep.iium.edu.my/76078/
http://irep.iium.edu.my/76078/8/76078The%20Application%20of%20Sale%20Contract.pdf

Similar Items

Similar Items