About this document

Shari’ah Analysis of Guarantee Fees in Malaysia by solehana is a document available to read on EtoBox.

The document analyzes the practice of charging a fee for guarantee letters issued by Credit Guarantee Corporation Malaysia Berhad (CGC) from a Shariah perspective. CGC issues guarantee letters to small and medium enterprises to help them obtain financing. There are differing views on whether charging a fee is allowed: some scholars say it is not allowed as it could be considered usury, while others say it is permissible as the guarantor takes on risk. The document examines the issue based on the level of se

Author

solehana

Language

EN