Malaysian case law on issues of Islamic home finance Bay' Bithaman Al-Ajil (BBA): An Analysis
Islamic Banking has been established since in the 1980s in Malaysia. Various Islamic Home Finance products have been introduced and practised in Malaysia. However, these products have been tainted with the issue of their inadequacy to deal with the issues of problematic housing projects such as late...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Global Academic Excellence
2018
|
Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/25391/1/IJLGC%20%203%2013%202018%201%2020.pdf |
_version_ | 1803628923929493504 |
---|---|
author | Md Dahlan, Nuarrual Hilal Shuib, Mohd Sollehudin Mohd Noor, Fauziah |
author_facet | Md Dahlan, Nuarrual Hilal Shuib, Mohd Sollehudin Mohd Noor, Fauziah |
author_sort | Md Dahlan, Nuarrual Hilal |
collection | UUM |
description | Islamic Banking has been established since in the 1980s in Malaysia. Various Islamic Home Finance products have been introduced and practised in Malaysia. However, these products have been tainted with the issue of their inadequacy to deal with the issues of problematic housing projects such as late delivery of vacant possession, shoddy workmanship and failure of the developer to comply with the sale and purchase agreements. This paper
aims to study the case law dealing with issues, other than issues of abandoned housing projects, in Islamic Home Finance involving Islamic Home Finance Bay’ Bithaman Al-Ajil (BBA). This paper used shariah (Islamic Law), legal doctrinal, qualitative social and textual analysis research methodologies. This paper finds that the case law reveals weaknesses of the BBA. The outcome of this paper will improve the theory and practice of Islamic Home Finance BBA in Malaysia. |
first_indexed | 2024-07-04T06:29:41Z |
format | Article |
id | uum-25391 |
institution | Universiti Utara Malaysia |
language | English |
last_indexed | 2024-07-04T06:29:41Z |
publishDate | 2018 |
publisher | Global Academic Excellence |
record_format | dspace |
spelling | uum-253912019-01-16T03:31:37Z https://repo.uum.edu.my/id/eprint/25391/ Malaysian case law on issues of Islamic home finance Bay' Bithaman Al-Ajil (BBA): An Analysis Md Dahlan, Nuarrual Hilal Shuib, Mohd Sollehudin Mohd Noor, Fauziah KZ Law of Nations Islamic Banking has been established since in the 1980s in Malaysia. Various Islamic Home Finance products have been introduced and practised in Malaysia. However, these products have been tainted with the issue of their inadequacy to deal with the issues of problematic housing projects such as late delivery of vacant possession, shoddy workmanship and failure of the developer to comply with the sale and purchase agreements. This paper aims to study the case law dealing with issues, other than issues of abandoned housing projects, in Islamic Home Finance involving Islamic Home Finance Bay’ Bithaman Al-Ajil (BBA). This paper used shariah (Islamic Law), legal doctrinal, qualitative social and textual analysis research methodologies. This paper finds that the case law reveals weaknesses of the BBA. The outcome of this paper will improve the theory and practice of Islamic Home Finance BBA in Malaysia. Global Academic Excellence 2018 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/25391/1/IJLGC%20%203%2013%202018%201%2020.pdf Md Dahlan, Nuarrual Hilal and Shuib, Mohd Sollehudin and Mohd Noor, Fauziah (2018) Malaysian case law on issues of Islamic home finance Bay' Bithaman Al-Ajil (BBA): An Analysis. International Journal of Law, Government and Communication, 3 (13). pp. 1-20. ISSN 0128-1763 http://www.ijlgc.com/current.asm |
spellingShingle | KZ Law of Nations Md Dahlan, Nuarrual Hilal Shuib, Mohd Sollehudin Mohd Noor, Fauziah Malaysian case law on issues of Islamic home finance Bay' Bithaman Al-Ajil (BBA): An Analysis |
title | Malaysian case law on issues of Islamic home finance Bay' Bithaman Al-Ajil (BBA): An Analysis |
title_full | Malaysian case law on issues of Islamic home finance Bay' Bithaman Al-Ajil (BBA): An Analysis |
title_fullStr | Malaysian case law on issues of Islamic home finance Bay' Bithaman Al-Ajil (BBA): An Analysis |
title_full_unstemmed | Malaysian case law on issues of Islamic home finance Bay' Bithaman Al-Ajil (BBA): An Analysis |
title_short | Malaysian case law on issues of Islamic home finance Bay' Bithaman Al-Ajil (BBA): An Analysis |
title_sort | malaysian case law on issues of islamic home finance bay bithaman al ajil bba an analysis |
topic | KZ Law of Nations |
url | https://repo.uum.edu.my/id/eprint/25391/1/IJLGC%20%203%2013%202018%201%2020.pdf |
work_keys_str_mv | AT mddahlannuarrualhilal malaysiancaselawonissuesofislamichomefinancebaybithamanalajilbbaananalysis AT shuibmohdsollehudin malaysiancaselawonissuesofislamichomefinancebaybithamanalajilbbaananalysis AT mohdnoorfauziah malaysiancaselawonissuesofislamichomefinancebaybithamanalajilbbaananalysis |