Form and substance in Islamic finance: analysis of deferred payment sales

Deferred payment contracts involving use of al-bai’ bithaman ajil, al-murabahah and bai’ al-inah have been extensively used in design of Malaysian in Islamic financial products. It is widely argued that Islamic banking is the replication of conventional system by imitating the conventional banking p...

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Bibliographic Details
Main Authors: Shamsudin, Mohidin Yahya, Salamon, Hussin, Abu Hussin, Mohd. Fauzi
Format: Article
Language:English
Published: Penerbit UTM Press 2014
Subjects:
Online Access:http://eprints.utm.my/59759/1/MohidinYahya2014_FormandSubstanceinIslamicFinance.pdf