Mushārakah Mutanāqiṣah (Diminishing Partnership) Regulation for Housing Finance in Indonesian and Malaysian Law

Autor: Istianah Zainal Asyiqin, M. Fabian Akbar, Muhammad Daffa Auliarizky Onielda, Adriana Maisarah binti Mohd Farid
Jazyk: Arabic<br />English
Rok vydání: 2024
Předmět:
Zdroj: Al-Ahkam, Vol 34, Iss 1, Pp 147-168 (2024)
Druh dokumentu: article
ISSN: 0854-4603
2502-3209
DOI: 10.21580/ahkam.2024.34.1.20133
Popis: The housing business continues to grow along with the increasing need for the fulfillment of housing. This research delves into the application of mushārakah mutanāqiṣah in housing finance within Indonesia and Malaysia, scrutinizing their regulations and relevant governing institutions. Employing a normative legal approach, it explores legal principles, systematics, synchronization, and historical context about this financing method. Employing inductive, deductive, and comparative methods, it analyzes regulations and practices in both countries. By offering insights into the potential and challenges of implementing mushārakah mutanāqiṣah in housing finance, the study aims to provide recommendations for regulatory enhancements, fatwa institutions, product development, and adherence to sharī’ah principles. This research is crucial for deepening understanding and facilitating improvements in various sectors related to housing finance within the context of Islamic finance in Indonesia and Malaysia.
Databáze: Directory of Open Access Journals