Sale with the temporary exclusion of usufruct: A critical examination of its use in financing home purchases

Purpose - This paper aims to investigate sale with the temporary exclusion of usufruct, a format debated in classical Islamic jurisprudence. More specifically, it examines the application of this sale format in the diminishing partnership arrangement used by American Finance House LARIBA to finance...

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Bibliographic Details
Main Authors: Abdulbari Mashal, Amer Hajal, Om Kalthoum Majoul, Mir Riaz Ansary
Format: Article
Language:English
Published: Emerald Publishing 2017-06-01
Series:ISRA International Journal of Islamic Finance
Subjects:
Online Access:https://www.emeraldinsight.com/doi/pdfplus/10.1108/IJIF-12-2017-0057