Isu dalam Pembiayaan Perumahan: Analisis Perbandingan Produk Berasaskan Musharakah Mutanaqisah dan Konvensional

Authors

  • Mohd Sollehudin Shuib Islamic Business School, Universiti Utara Malaysia, Kedah
  • Mohd Zaidi Daud Jabatan Syariah dan Undang-Undang Akademi Pengajian Islam Universiti Malaya, Kuala Lumpur
  • Ahmad Azam Sulaiman@Mohamad Jabatan Syariah dan Ekonomi, Akademi Pengajian Islam Universiti Malaya, Kuala Lumpur

DOI:

https://doi.org/10.11113/sh.v66n1.112

Keywords:

Conventional housing Islamic home financing, musharakah mutanaqisah

Abstract

Islamic financing products are completely different between conventional loan products. Islamic products are based on shariah concepts such as Murabahah, Bay‘ Bithaman Ajil (BBA), BBA komoditi, Ijarah Thumma Bay`, Istisna‘ and musharakah mutanaqisah (MM). While the conventional loans is based on lending. musharakah mutanaqisah (MM) is the hybrid contract based on partnership and ending with single ownership. The early of this concept applied in banking practice after year 2000. Equity-based concept is strongly encouraged its use in daily practices based on the concept of Islam as compared to debt such as Bay‘ Bithaman Ajil (BBA). Therefore, this article will analyze and comparison between the concept of products based on musharakah mutanaqisah (MM) with a conventional loan products. Focus for the comparison is about financing and housing loan products in Malaysia.

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Published

2013-12-15

How to Cite

Shuib, M. S., Daud, M. Z., & Sulaiman@Mohamad, A. A. (2013). Isu dalam Pembiayaan Perumahan: Analisis Perbandingan Produk Berasaskan Musharakah Mutanaqisah dan Konvensional. Sains Humanika, 66(1). https://doi.org/10.11113/sh.v66n1.112

Issue

Vol. 66 No. 1 (2014): January 2014

Section

Articles

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Copyright of articles that appear in Sains Humanika belongs exclusively to Penerbit Universiti Teknologi Malaysia (Penerbit UTM Press). This copyright covers the rights to reproduce the article, including reprints, electronic reproductions or any other reproductions of similar nature.