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Legal Issues in Musharakah Financing by nur atyra is a document available to read on EtoBox.
What is Legal Issues in Musharakah Financing about?
This document discusses issues with implementing Musharakah Mutanaqisah (diminishing partnership) contracts for home financing in Malaysia. It finds that current practice by banks does not fully reflect the true Musharakah concept, as the bank does not truly share in ownership risks and costs. It also finds issues with using interest rates as rental benchmarks, placing maintenance costs solely on customers, and charging upfront acquisition fees. The document recommends collaborating with scholars to address
- Author
- nur atyra
- Language
- EN