Musharakah Mutanaqisah and Al-Bay’ Bithaman Ajil Contracts as means for homeownership: a conceptual comparison
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: | , , |
---|---|
Format: | Proceeding Paper |
Language: | English |
Published: |
2006
|
Subjects: | |
Online Access: | http://irep.iium.edu.my/9750/1/A-_Young_Conference_UiTM-Musharakah_%26_BBA_%28BNM%29.pdf |