Musharakah Mutanakisah 'MM' Financing:, Experience Of Islamic Banks

Authors :: Hichem Deghmoum
Dalal Mouhoub
University of Algiers3.Algeria
Source :: المجلة الدولية للأداء الاقتصادي, المجلة الدولية للأداء الاقتصادي, UMBB-Unversité de Boumerdes-Algérie, 2021, 04 (01), pp.276. ⟨10.54241/2065-004-001-016⟩, HAL, international Journal of economic Performance (IJEP), international Journal of economic Performance (IJEP), université m'hamed Bougara Boumerdes Algerie, 2021
Publication Year :: 2021
Publisher :: HAL CCSD, 2021.
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.

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

Language :: English
ISSN :: 27169073 and 26617161
Database :: OpenAIRE
Journal :: المجلة الدولية للأداء الاقتصادي, المجلة الدولية للأداء الاقتصادي, UMBB-Unversité de Boumerdes-Algérie, 2021, 04 (01), pp.276. ⟨10.54241/2065-004-001-016⟩, HAL, international Journal of economic Performance (IJEP), international Journal of economic Performance (IJEP), université m'hamed Bougara Boumerdes Algerie, 2021
Accession number :: edsair.doi.dedup.....6d4b5540ef8814e163ef73621464d84b
Full Text :: https://doi.org/10.54241/2065-004-001-016⟩