As part of its routine business, an Islamic bank enters into a financial lease arrangement with its customers for a ready as well as an under-construction property
Fatawa Question
As part of its routine business, an Islamic bank enters into a financial lease arrangement with its customers for a ready as well as an under-construction property. Being the owner of the property, how should the Islamic bank differentiate between the two types of properties when it comes to a total loss situation ?
Fatwa
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Publisher
Publication Date
2013-05-01
Country of Publication
Malaysia
Main Subjects
Economics & Business Administration
Islamic Studies
Data Type
Fatawa
Language
English
Record ID
BIM-784622
American Psychological Association (APA)
Hassan, Husayn Hamid. 2013-05-01. As part of its routine business, an Islamic bank enters into a financial lease arrangement with its customers for a ready as well as an under-construction property. . Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-784622
Modern Language Association (MLA)
Hassan, Husayn Hamid. As part of its routine business, an Islamic bank enters into a financial lease arrangement with its customers for a ready as well as an under-construction property. Kuala Lumpur Malaysia : Islamic Finance News. 2013-05-01.
https://search.emarefa.net/detail/BIM-784622
American Medical Association (AMA)
Hassan, Husayn Hamid. 2013-05-01. As part of its routine business, an Islamic bank enters into a financial lease arrangement with its customers for a ready as well as an under-construction property. Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-784622