Guarantee contracts in Islamic financial transaction: analysis of BNM resolution and AAIOFI standards
A guarantee (Kafalah) is considered an effective Islamic finance contract aimed at providing assurance and security by having a third party, the guarantor, commit to fulfilling the debtor's financial obligations in case of default. However, the Bank Negara Malaysia (BNM) policy document conside...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
USIM Press
2024
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/114732/7/114732_Guarantee%20contracts%20in%20Islamic%20financial.pdf http://irep.iium.edu.my/114732/ https://jfatwa.usim.edu.my/index.php/jfatwa/article/view/585/535 https://doi.org/10.33102/jfatwa.vol29no3.585 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|