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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Penerbit UTM Press
2014
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Subjects: | |
Online Access: | http://eprints.utm.my/59759/1/MohidinYahya2014_FormandSubstanceinIslamicFinance.pdf |