Assessment of Ta'widh and Gharamah in Islamic financing contract and its' applicability potential for construction works contracts

• Main Authors: Mohamad Hamdan, Noor Aishah, Ahmad Sarkawi, Azila, Abdullah Habib, Siti Nora Haryati, Othman, Ahmad Azam
• Format: Conference or Workshop Item
• Language: English; English
• Published: e-International Publishing House Ltd 2020
• Subjects: HG3368 Islamic Banking and Finance
• Online Access: http://irep.iium.edu.my/89142/1/89142_Assessment%20of%20Ta%E2%80%99widhand%20Gharamah_conf.%20article.pdf; http://irep.iium.edu.my/89142/7/89142_Assessment%20of%20Ta%27widh%20and%20Gharamah%20in%20Islamic_WoS.pdf; http://irep.iium.edu.my/89142/; https://ebpj.e-iph.co.uk/index.php/EBProceedings/article/view/2504; https://doi.org/10.21834/ebpj.v5i15.2504

Ta'widh and gharamah are the Shariah compliant late payment charges for Islamic financial contracts. Seven identified themes were used to qualitatively compare and contrast between the Guidelines on Late Payment Charges for Islamic Banking Institutions (2012) against the provisions of interest...