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financing through the profit and loss sharing instruments is almost nonexistent within the Islamic financial system. MM technique …; diminishing partnership) technique and its potentials for Islamic financial institutions.Design/methodology/approach – Based on an … MM and its distinctive features when compared to other modes of finance.Findings – Islamic banks, throughout the years …
Persistent link: https://www.econbiz.de/10012909668
Persistent link: https://www.econbiz.de/10012053285
principles applicable to Shari`ah-compliant home purchase financings. The paper summarizes six of the most frequently used home … purchase financing structures used by banks and financial institutions that provide Shari`ah-compliant alternatives. They are … contract financing (istisna'a - parallel istisna'a) …
Persistent link: https://www.econbiz.de/10013097855
financing needs in Pakistan and critically analyzes the existing model of Islamic housing finance (in practice) along with … comparison of conventional mortgage. As per findings of this study huge potential for financing exists in local market. Current … less developed countries including Pakistan. Recently the commercial banks in Pakistan have started looking for housing …
Persistent link: https://www.econbiz.de/10013150702
addicted to credit and sheer greed. While these issues certainly exist, we believe that the residential mortgage and capital … exploitation. These malaises, among others can be prevented by applying some core principles from Islamic Finance, a system … Islamic Finance principles to analyze the current predicament and to make recommendations that can prevent similar crises from …
Persistent link: https://www.econbiz.de/10013155909
In this paper, we try to analyze the US residential mortgage crisis in the light of the financial principles of Shari …'ah. For this purpose, we will firstly present a summery of the US residential mortgage crisis. Then, in the second part of the … residential mortgage crisis according to Shari'ah principles and Shia interpretation of Shari'ah through Civil Code of Iran. The …
Persistent link: https://www.econbiz.de/10013054288
This paper investigates a special form of cooperative mortgage financing practiced in Oman. We integrate the literature … of Mortgage Design with that of ROSCAs/ ASCRAs to illustrate that this mode of financing dissipates credit risk better … than the formal mode of financing. It is also resilient to volatility of interest rates and allows prepayments without any …
Persistent link: https://www.econbiz.de/10014212858
the effects of home-sharing platforms in general and the effects of the US’ Airbnb on neighbourhood rent. Wilhelmsson …
Persistent link: https://www.econbiz.de/10013163696
The family home is the most important asset on household balance sheets, aside from human capital. Choosing a suitable … mortgage is therefore critical to financial well-being but households often make costly mistakes. We collect data in an online … survey to test borrowers' comfort with, and understanding of, mortgage debt. We analyze the impact of financial literacy …
Persistent link: https://www.econbiz.de/10014515956
Mortgages constitute the largest part of household debt. An essential choice when taking out a mortgage is between …-country study has analyzed what determines household demand for mortgage types, a task that this paper takes up using new data for … how the easing of monetary policy during the financial crisis affected mortgage holders. It shows that the resulting …
Persistent link: https://www.econbiz.de/10010235889