A Study the Bai al-Inah as Practised by the Bank Rakyat from the Syariah Perspective
The writer's research on the "Bai al-Inah a banking system introduced by Bank Rakyat "2003. Bai al-inah means a method of selling a property for the purpose of reselling the same property in cash terms to the buyer at an agreed higher price between the bank and the purchaser of the...
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| Format: | Academic Project |
| Language: | English |
| Published: |
Kolej Universiti Islam Malaysia
2012
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| Subjects: | |
| Online Access: | http://ddms.usim.edu.my/handle/123456789/5439 |
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| Summary: | The writer's research on the "Bai al-Inah a banking system introduced by Bank
Rakyat "2003. Bai al-inah means a method of selling a property for the purpose of
reselling the same property in cash terms to the buyer at an agreed higher price
between the bank and the purchaser of the property. Muslim Scholars have been in
disagreement on the pros and cons on this banking system. This research will look
into the effectiveness on the implementation of this banking system and other matters
relation to its implementation. In order to obtain the data, the writer held interview
sessions with the relevant bank officers at Bank Rakyat and went through the related
documents and brochures on Bai al-inah banking system. |
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