Rental index rate as an alternative to interest rate in Musharakah Mutanaqisah home financing
Purpose This paper aims to propose a new pricing alternative called Rental Rate Index (RR-I) that captures the true value of property to be used by Islamic banks in Musharakah Mutanaqisah (MM) contract for home financing. Design/methodology/approach By formulating a profit rate based on Rental Index...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Emerald Group Publishing Limited
2016
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/21900/1/IJIMEFM%209%203%202016%20397%20416.pdf |