Framework for financial hardship indebtedness management in abandoned housing projects in Malaysia
المؤلفون المشاركون
Qasri, Nur Suhaida
Mikail, Said Adekunle
al-Atrash, Saba Radwan Jamal
Adiwali, Abidin Adiyimi
المصدر
ISRA International Journal of Islamic Finance
العدد
المجلد 10، العدد 1 (30 يونيو/حزيران 2018)، ص ص. 102-110، 9ص.
الناشر
الأكاديمية العالمية للبحوث الشرعية
تاريخ النشر
2018-06-30
دولة النشر
ماليزيا
عدد الصفحات
9
التخصصات الرئيسية
الملخص EN
Purpose - This paper aims to examine the existing practices and pertinent issues affecting Islamic banks and their customers in abandoned housing projects (AHPs) to ensure compliance with Sharfah and statutory requirements.
Design/methodology/approach - This study employs the qualitative research method using the inductive approach to analyze both primary' and secondary data and sources.
Data collection involved a series of semi-structured interviews with five volunteering Islamic banks and a representative of Abandoned Property Owners Association Malaysia (Victims).
Statutory acts, regulatory policies, guidelines, directives and standards were also analyzed.
Findings - The result indicates developer’s default, underlying contracts, regulatory arbitrage and bureaucracy, attitudinal disposition of customers and sell-then-build approach as major factors of AHPs conundrum Practical implications - This study has suggested both short- and long-term solutions based on the principles of justice, public interests and removal of hardship to resolve and effectively manage financial hardship indebtedness arising from housing abandonment.
Further, part of the proposed solutions would also reshape housing development policies and home financing transactions.
Originality/value - The quest for this research demonstrated Islamic banking industry’s initiatives to find lasting solutions to perennial issues of AHPs.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Mikail, Said Adekunle& Qasri, Nur Suhaida& al-Atrash, Saba Radwan Jamal& Adiwali, Abidin Adiyimi. 2018. Framework for financial hardship indebtedness management in abandoned housing projects in Malaysia. ISRA International Journal of Islamic Finance،Vol. 10, no. 1, pp.102-110.
https://search.emarefa.net/detail/BIM-965795
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Mikail, Said Adekunle…[et al.]. Framework for financial hardship indebtedness management in abandoned housing projects in Malaysia. ISRA International Journal of Islamic Finance Vol. 10, no. 1 (2018), pp.102-110.
https://search.emarefa.net/detail/BIM-965795
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Mikail, Said Adekunle& Qasri, Nur Suhaida& al-Atrash, Saba Radwan Jamal& Adiwali, Abidin Adiyimi. Framework for financial hardship indebtedness management in abandoned housing projects in Malaysia. ISRA International Journal of Islamic Finance. 2018. Vol. 10, no. 1, pp.102-110.
https://search.emarefa.net/detail/BIM-965795
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references : p. 109
رقم السجل
BIM-965795
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر