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...

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Main Authors: Md Dahlan, Nuarrual Hilal, Shuib, Mohd Sollehudin, Mohd Noor, Fauziah
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
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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.
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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
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