Purification of non-halal income in Malaysian Islamic banks: an overview = Penyucian pendapatan tidak-Halal di bank-bank Islam Malaysia: satu tinjauan

• Main Authors: Mohd Yunus, Saidatolakma, Haneef, Sayed Sikandar Shah, Kamaruddin, Zuraidah, Mahmud, Mek Wok
• Format: Article
• Language: English
• Published: IIUM Press, International Islamic University Malaysia 2017
• Subjects: HG Finance; HG1501 Banking; HG3368 Islamic Banking and Finance; HJ Public Finance
• Online Access: http://irep.iium.edu.my/60682/1/60682_Purification%20of%20non-halal%20income.pdf; http://irep.iium.edu.my/60682/; http://journals.iium.edu.my/jiasia/index.php/Islam/article/view/616

Purification of non-halal income (NHI) is the process of deducting non-halal or tainted income deemed unacceptable by Sharʑah from the total income generated in Islamic banks. It is undeniable that Sharʑah non-compliance events still occur in Islamic banking system considering the fact that Islami...