Establishment of Shariah principles on interest for late interim payment for construction works

• Main Authors: Mohamad Hamdan, Noor Aishah, Ahmad Sarkawi, Azila, Abdullah Habib, Siti Nora Haryati
• Format: Proceeding Paper
• Language: English
• Published: KPIJ Press 2019
• Subjects: KBP Islamic Law; T Technology (General); T173.5 Technology and Islam
• Online Access: http://irep.iium.edu.my/108027/1/108027_Establishment%20of%20Shariah%20principles.pdf; http://irep.iium.edu.my/108027/; https://www.speki2019.marsah.edu.my/images/speki19isbn.pdf

Under the Malaysian law, the failure of an employer on making timely interim payments towards its contractor as agreed in the construction works contracts give rise to the rights of the contractor to claim for interest. The aim of this study is to establish Shariah principles based on the current pr...