Some issues on Murabahah practices in Iran and Malaysian Islamic banks.

• Main Authors: Zandi Pour Joopari, GholamReza, Mohd Ariffin, Noraini, Shahabi, Alireza
• Format: Article
• Language: English; English
• Published: Academic Journals 2012
• Subjects: HG Finance; HG1501 Banking
• Online Access: http://irep.iium.edu.my/24526/1/Some_issues_on_Murabahah_practices_in_Iran_and_Malaysian_Islamic_banks.pdf; http://irep.iium.edu.my/24526/4/Zandi_et_al_AJBM6%2824%29_2012.pdf; http://irep.iium.edu.my/24526/; http://www.academicjournals.org/AJBM/PDF/pdf2012/20June/Zandi%20et%20al.pdf

The purpose of this paper was to analyze the nature of Murabahah contract in the fully grounded Islamic banking system that is, Iran and Malaysia. The approach taken was descriptive. Although, the main principle of Islamic financial institutions is prohibition of usury, it is surprising to see that...