Islamic law and modern guarantees in Malaysia
The guarantee is regarded as the most common instrument used in the business of commercial banks. Being simplest and least expensive, it is regarded as the most acceptable form of security in the banking lending transactions. However, due to the ‘unfettered discretion’ that the law gives to the cre...
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Format: | Article |
Language: | English |
Published: |
Faculty of Economics and Management, Universiti Putra Malaysia
2007
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Online Access: | http://psasir.upm.edu.my/id/eprint/678/1/bab09.pdf |