A Stochastic Approach for Determining Profit Rate of Islamic Financing Products

Islamic Bank in Malaysia uses Bai' Bithaman Ajil (BBA) method and Musharakah Mutanaqisah Partnership (MMP) method for the home financing process. However, these house price calculation methods are still similar to conventional computation. In addition, profit rate in the Islamic bank still ref...

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Bibliographic Details
Main Authors: Zaidi Isa, Nur Amalina Shafie
Format: Article
Language:English
Published: EconJournals 2017-01-01
Series:International Journal of Economics and Financial Issues
Online Access:https://www.econjournals.com/index.php/ijefi/article/view/2793