Islamic Home Financing through Musharakah Mutanaqisah and al-Bay’ Bithaman Ajil Contracts: A Comparative Analysis
Home financing takes a large chunk of peoples’ income. As alternatives to conventional interest-based home financing modes, several Islamic modes are currently in existence, the dominant among which are the al-Bay’ Bithaman Ajil (BBA) and the Musharakah Mutanaqisah Partnership (MMP) contracts. The...
| Main Authors: | , |
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| Format: | Proceeding Paper |
| Language: | English |
| Published: |
2005
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/9716/4/MMP_Paper_Islamic_home_financing.pdf |