Legal issues in partnership law concerning musharakah al-mutanaqisah practised by Islamic financial institutions in Malaysia
One of the Islamic Banking products in Malaysia is Islamic Partnership Home Financing Facility-Musharakah al-Mutanaqisah (‘MM’).It is a trite practice that for Islamic Banking products to be legal and shariah compliant, the products must fulfill the requirements of the shariah (Islamic law) and Mal...
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