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What is Shariah Banking and Mortgage Rights Issues about?

This paper examines the imposition of mortgage rights in financing contracts at shariah banks, highlighting the conflict between sharia principles and existing laws regarding collateral. It concludes that current mortgage regulations are incompatible with shariah banking practices and emphasizes the need for procedures that align with sharia principles for dispute resolution. Additionally, it notes the lack of synchronization between Islamic banking laws and civil law in the execution of mortgage rights.

Author

Fidelia Jabanto

Language

EN