House Financing of Islamic Banks under Diminishing Mush┐rakah: An Analysis of Islamic Banks’ Related Provisions
Home is considered a basic requirement of human being and its shortage is a major problem worldwide especially in less developed countries. Islamic banks offer Diminishing Mush┐rakah /Decreasing Partnership product for house financing, which contain contract of partnership, ├j┐r┐ , and a sale purcha...
Main Authors: | , |
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Format: | Article |
Language: | Arabic |
Published: |
SZIC University of Peshawar
2011-12-01
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Series: | الإيضاح |
Online Access: | http://al-idah.szic.pk/index.php/al-idah/article/view/476 |
Summary: | Home is considered a basic requirement of human being and its shortage is a major problem worldwide especially in less developed countries. Islamic banks offer Diminishing Mush┐rakah /Decreasing Partnership product for house financing, which contain contract of partnership, ├j┐r┐ , and a sale purchase transaction. The paper will discuss the home financing product as it is implemented in Islamic banking industry; it will also examine issues in
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ISSN: | 2075-0307 2664-3375 |