Muhammad Muzzammil Abdullah

Muhammad Muzzammil Abdullah
  • B.a Islamic Studies and Arabic Language
  • International Centre for Education in Islamic Finance

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This paper observes the implication of Musharakah Mutanaqisah (MM) in the current Malaysian Islamic banking arena. Musharakah Mutanaqisah was previously suggested as a better alternative for Islamic home financing to replace the controversial Bay` Bithaman Ajil (BBA). However, till date, almost half of the Malaysian Islamic banks that offer Mushara...

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