Musharakah Mutanaqisah and Al-Bay’ Bithaman Ajil Contracts as means for homeownership: a conceptual comparison

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Musharakah Mutanaqisah and Al-Bay’ Bithaman Ajil Contracts as means for homeownership: a conceptual comparison

Home financing takes a large chunk of peoples’ income. As alternatives to conventional interest-based home financing modes, several Islamic modes are currently in existence, the dominant among which are the al-Bay’ Bithaman Ajil (BBA) and the Musharakah Mutanaqisah Partnership (MMP) contracts. The...

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Bibliographic Details
Main Authors:	Mydin Meera, Ahamed Kameel, Abdul Razak, Dzuljastri, Haron, Razali
Format:	Proceeding Paper
Language:	English
Published:	2006
Subjects:	HG1501 Banking
Online Access:	http://irep.iium.edu.my/9750/ http://irep.iium.edu.my/9750/1/A-_Young_Conference_UiTM-Musharakah_%26_BBA_%28BNM%29.pdf

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