1. Musharakah Mutanakisah 'MM' Financing:, Experience Of Islamic Banks
- Author
-
Hichem Deghmoum, Dalal Mouhoub, and University of Algiers3.Algeria
- Subjects
Leasing and sale ,JEL: F - International Economics ,[QFIN]Quantitative Finance [q-fin] ,General partnership ,Financial system ,Islam ,Business ,Partnership ,Islamic banks ,Musharakah Mutanakisah (MM) ,JEL: G - Financial Economics - Abstract
International audience; This study aims to analyze the concepts and practices of Musharakah Mutanakisah (MM) by Islamic banks. The findings revealed that the MM is a hybrid contract that combines three independent contracts namely: partnership, leasing and sale. MM could be used it for financing asset acquisition as well as for other types of partnership. Hence, MM has been successfully implemented by Islamic banks in Islamic and non-Islamic countries for house financing.
- Published
- 2021
- Full Text
- View/download PDF