Compensation and penalty imposed on debt settlement of Islamic products
As the conventional system has been established ever since, the concept of penalty plays an important role in the conventional system at least to secure the financiers from being manipulated by the financees. However, the classical Muslim jurists prohibited such a type of penalty to be imposed on an...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Kolej University Islam Sultan Azlan Shah
2015
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| Subjects: | |
| Online Access: | View Fulltext in Publisher View in Scopus |