The Muslim population in many parts of the world has been growing significantly over the years. The demand for home loans has increased and Many Muslims by the day are turning their attention to Shariah compliant Home financing. In the case of Malaysia, Islamic home financing was first offered in 1983 with the establishment of Bank Islam Malaysia Berhad. The home financing scheme at that time was based On BBA or deferred payment sale. Ever since, BBA has become popular with Muslims in Malaysia, wanting to buy property through shariah compliant Financing. As a result the BBA concept accounts for the largest share of Islamic Home Financing offered by Islamic Banks presently. Nevertheless over the last few years there has been a lot of controversy surrounding BBA in Malaysia especially after the high court ruling In July2008wherein the application of the BBA contracts in the case of Arab Malaysian Finance Berhad V Taman Ihsan Jaya & Others (2008) was rendered to be contrary to the Islamic Banking Act 1983 (IBA). As a result opponents of BBA have suggested the use of Musharakah Mutanakisah as a viable alternative to BBA home financing. A few banks in Malaysia have started implementing the concept of Musharakah Mutanakisah for Home Financing. In this thesis the researcher aims at ascertaining whether the present practice of Musharakah Mutanakisah serves as a viable alternative to BBA. In doing so, the researcher has scrutinized the legal documentation of BBA and MM form various banks and raised all possible shariah issues pertaining to the legal documentation. A survey has been conducted in order to evaluate the students' perception of BBA and Musharakah Mutanakisah. In light of all shariah issues raised in the legal documentation of BBA and Musharakah Mutanakisah, the researcher fmally proposes a few solutions to the issues raised .
In the case of Malaysia, Islamic home financing was first offered in 1983 with the establishment of Bank Islam Malaysia Berhad. The home financing scheme at that time was based On BBA or deferred payment sale.
Judicial opinions of Indonesian National Sharia Board for Islamic business practices and financial institutions.
Judicial opinions of Indonesian National Sharia Board for Islamic business practices and financial institutions.
Judicial opinions of Indonesian National Sharia Board for Islamic business practices and financial institutions.
Undang - Undang RI nomor 8 Tahun 1995 tentang Pasar Modal . 4. SK DSN - MUI No. 01 Tahun 2001 tentang Pedoman Dasar Dewan Syariah Nasional . 5. Nota Kesepahaman antara DSN - MUI dengan Bapepam tanggal 14 Maret 2003 M. / 11 Muharram 1424 ...
Himpunan Fatwa Keuangan Syariah memuat fatwa-fatwa serta keputusan-keputusan tentang persoalan dunia keuangan dan ekonomi syariah yang sedang marak menjadi sorotan masyarakat. Himpunan fatwa ini dihasilkan oleh Dewan Syariah Nasional (DSN) MUI untuk menjawab persoalan-persoalan mutakhir dalam dunia perbankan Indonesia sepeerti Giro, jual-beli Salâm, Ijarah, Musyarakah, Deposito, dan lain sebagainya. Himpunan Fatwa Keuangan Syariah memiliki posisi strategis sebagai wadah musyawarah para ulama, para pemimpin masyarakat (zu’ama/umara), dan cendekiawan Muslim dalam mengkaji dan memutuskan persoalan keuangan dan ekonomi dalam Islam di mana praktik dasar (akad) jual-beli berkembang dengan beberapa varian seperti disebutkan di atas. Himpunan Fatwa Keuangan Syariah layak dimiliki oleh setiap Muslim khususnya yang concern di bidang keuangan dan ekonomi syariah, para pengamat ekonomi, para pengambil keputusan, serta para ulama, agar tercapai suatu tatanan masyarakat yang semakin menghayati kehidupan beragama (mutadayyin) dan terbentuknya suatu peradaban kemasyarakatan yang luhur (mutamaddin), sesuai dengan cita-cita luhur Islam. Bagi kalangan umum yang lebih luas, himpunan fatwa ini dapat dijadikan objek kajian hukum dan perbandingan, demi melahirkan kebijakan publik yang berkeadilan, khususnya dalam bidang keuangan dan ekonomi syariah
DEWAN SYARIAH NAS MUI Andri, Hijrah, Adhika. HIMPUNAN FATWA KEUANGAN SYARIAH DSN-MUI 5. Akad Tabarru' Pada Asuransi dan Reasuransi Syariah . ... Pasar Modal dan Pedoman Umum Penerapan Prinsip Syariah di Bidang Pasar Modal.
Judicial opinions of Indonesian National Sharia Board for Islamic business practices and financial institutions.
... syariah yang bersangkutan telah / tidak memenuhi segenap ketentuan syariah sesuai dengan fatwa yang dikeluarkan oleh ... Pengawas Syariah 1. Dewan Pengawas Syariah melakukan pengawasan secara periodik pada lembaga keuangan syariah ...
konvensional , asuransi syariah atau unit syariah asuransi konvensional , lembaga pembiayaan / reksadana syariah , pasar modal syariah , pegadaian syariah , lembaga amil zakat dan wakaf ( Bazis , Laznas , Lazis , Baznas , Dompet Dhuafa ...
Analysis on Islamic banking according to Indonesian law.
Analysis on Islamic banking according to Indonesian law.
