The modus operandi between hire purchase and hire purchase – I (Al – Ijarah Thumma Al – Bai) in Maybank Malaysia / Nazirah Mohamad Aziz

Hire purchase and hire purchase – I (AITAB) in Maybank Malaysia generally is financing for a new vehicle, second hand and reconditioned motor vehicle. The modus operandi of hire purchase and AITAB when the car will be held by the bank first and after the fully payment the customer will get the vehi...

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Main Author: Mohamad Aziz, Nazirah
Format: Student Project
Language:English
Published: Universiti Teknologi MARA, Selangor, Puncak Alam Campus 2018
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/23376/
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author Mohamad Aziz, Nazirah
author_facet Mohamad Aziz, Nazirah
author_sort Mohamad Aziz, Nazirah
building UiTM Institutional Repository
collection Online Access
description Hire purchase and hire purchase – I (AITAB) in Maybank Malaysia generally is financing for a new vehicle, second hand and reconditioned motor vehicle. The modus operandi of hire purchase and AITAB when the car will be held by the bank first and after the fully payment the customer will get the vehicle after the end of the payment. There are differences between hire purchase and hire purchase – I. The hire purchase and hire purchase - I (AITAB) definitely are subject to Hire Purchase Act 1967. The interest rate for the conventional bank in vehicle financing can be consider as floating rate and fixed rate. For the Islamic bank there is no interest rate but as compensative charges. Furthermore, AITAB is Shariah compliant product because no other additional charges such as interest rate that lead to prohibited contract. The interviewer that involve information being integrated on related topics. This study focused on the modus operandi of hire purchase and hire purchase – I (AITAB) to be conducted in Maybank Malaysia. Consequently, the findings and its modus operandi were discussed.
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institution Universiti Teknologi MARA
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language English
last_indexed 2025-11-14T22:15:39Z
publishDate 2018
publisher Universiti Teknologi MARA, Selangor, Puncak Alam Campus
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spelling uitm-233762019-03-06T03:14:23Z https://ir.uitm.edu.my/id/eprint/23376/ The modus operandi between hire purchase and hire purchase – I (Al – Ijarah Thumma Al – Bai) in Maybank Malaysia / Nazirah Mohamad Aziz Mohamad Aziz, Nazirah Bank loans. Bank credit. Commercial loans Finance, Islamic Hire purchase and hire purchase – I (AITAB) in Maybank Malaysia generally is financing for a new vehicle, second hand and reconditioned motor vehicle. The modus operandi of hire purchase and AITAB when the car will be held by the bank first and after the fully payment the customer will get the vehicle after the end of the payment. There are differences between hire purchase and hire purchase – I. The hire purchase and hire purchase - I (AITAB) definitely are subject to Hire Purchase Act 1967. The interest rate for the conventional bank in vehicle financing can be consider as floating rate and fixed rate. For the Islamic bank there is no interest rate but as compensative charges. Furthermore, AITAB is Shariah compliant product because no other additional charges such as interest rate that lead to prohibited contract. The interviewer that involve information being integrated on related topics. This study focused on the modus operandi of hire purchase and hire purchase – I (AITAB) to be conducted in Maybank Malaysia. Consequently, the findings and its modus operandi were discussed. Universiti Teknologi MARA, Selangor, Puncak Alam Campus 2018 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/23376/1/PPb_NAZIRAH%20MOHAMAD%20AZIZ%20ACI%20B%2018_5.pdf Mohamad Aziz, Nazirah (2018) The modus operandi between hire purchase and hire purchase – I (Al – Ijarah Thumma Al – Bai) in Maybank Malaysia / Nazirah Mohamad Aziz. (2018) [Student Project] <http://terminalib.uitm.edu.my/23376.pdf> (Unpublished)
spellingShingle Bank loans. Bank credit. Commercial loans
Finance, Islamic
Mohamad Aziz, Nazirah
The modus operandi between hire purchase and hire purchase – I (Al – Ijarah Thumma Al – Bai) in Maybank Malaysia / Nazirah Mohamad Aziz
title The modus operandi between hire purchase and hire purchase – I (Al – Ijarah Thumma Al – Bai) in Maybank Malaysia / Nazirah Mohamad Aziz
title_full The modus operandi between hire purchase and hire purchase – I (Al – Ijarah Thumma Al – Bai) in Maybank Malaysia / Nazirah Mohamad Aziz
title_fullStr The modus operandi between hire purchase and hire purchase – I (Al – Ijarah Thumma Al – Bai) in Maybank Malaysia / Nazirah Mohamad Aziz
title_full_unstemmed The modus operandi between hire purchase and hire purchase – I (Al – Ijarah Thumma Al – Bai) in Maybank Malaysia / Nazirah Mohamad Aziz
title_short The modus operandi between hire purchase and hire purchase – I (Al – Ijarah Thumma Al – Bai) in Maybank Malaysia / Nazirah Mohamad Aziz
title_sort modus operandi between hire purchase and hire purchase – i (al – ijarah thumma al – bai) in maybank malaysia / nazirah mohamad aziz
topic Bank loans. Bank credit. Commercial loans
Finance, Islamic
url https://ir.uitm.edu.my/id/eprint/23376/