Publication:
Islamic financing: a study on the perception of religious scholars towards Islamic private debt securities (IPDS) in Malaysia

dc.contributor.affiliation#PLACEHOLDER_PARENT_METADATA_VALUE#en_US
dc.contributor.authorAzizi bin Che Semanen_US
dc.date.accessioned2024-10-04T08:41:44Z
dc.date.available2024-10-04T08:41:44Z
dc.date.issued2001
dc.description.abstractThis research elaborates the issues pertinent to bay al-inah and bay al-dayn. The subject of the research is the perception of Malaysian/uqaha` towards the application of both instruments in the issuance and trading of Islamic private debt securities (IPDS) or Islamic bonds in Malaysia. The contentidh between Malaysian jurists and the Middle-Easterns regarding these contracts has some effect to the ability of Malaysian capital market to attract foreign Islamic funds especially from the Gulf countries. While there are claims that Malaysian jurists support the practice, there is no empirical evidence that support such claims. This research attempts to prove that such argument has some bases. A survey was conducted on various categories of fuqaha` consisting individuals having knowledge in fiqh al-muamalat. Amongst the findings, it shows that generally, Malaysian/uqaha` support the use of bay al-lnah in the initial issuance of IPDS. The similar view is also evidenced in bay al-dayn - although not as obvious as it is in bay al-lnah. This might support the claims that the Malaysians are of the same view of supporting the use of bay al-lnah and bay al-dayn in IPDS trading in the country. This does not mean however that the application of both contracts in the Islamic financial system in the country should last forever, since the critics against both instruments are quite harsh, especially from the MiddleEastern jurists. Therefore, alternatives should be presented for Islamic debt securitization to furthermore enhance Islamic debt trading in Malaysia.en_US
dc.description.callnumbert BPH 322 A95 2011en_US
dc.description.degreelevelMaster
dc.description.identifierThesis : Islamic financing: |ba study on the perception of religious scholars towards Islamic private debt securities (IPDS) in Malaysia /by Azizi bin Che Semanen_US
dc.description.identityt00011276832AziziCheSemanen_US
dc.description.kulliyahKulliyyah of Economics and Management Sciencesen_US
dc.description.notesThesis (MECON)--International Islamic University Malaysia, 2001.en_US
dc.description.physicaldescriptionxv, 99 leaves :ill. ;30cm.en_US
dc.description.programmeMaster of Economicsen_US
dc.identifier.urihttps://studentrepo.iium.edu.my/handle/123456789/2378
dc.identifier.urlhttps://lib.iium.edu.my/mom/services/mom/document/getFile/aHcK4bKY7WC16ySWLNZQciw17ADcWOOY20170824123651372
dc.language.isoenen_US
dc.publisherGombak, Selangor :International Islamic University Malaysia,2001en_US
dc.rightsCopyright International Islamic University Malaysia
dc.subject.lcshSecurities, Islamicen_US
dc.subject.lcshBanks and banking, Islamic -- Equity-based financingen_US
dc.subject.lcshFinance (Islamic law) -- Malaysiaen_US
dc.titleIslamic financing: a study on the perception of religious scholars towards Islamic private debt securities (IPDS) in Malaysiaen_US
dc.typeMaster Thesisen_US
dspace.entity.typePublication

Files

Original bundle

Now showing 1 - 2 of 2
Loading...
Thumbnail Image
Name:
t00011276832AziziCheSeman_SEC_24.pdf
Size:
638.88 KB
Format:
Adobe Portable Document Format
Description:
24 pages file
Loading...
Thumbnail Image
Name:
t00011276832AziziCheSeman_SEC.pdf
Size:
3.69 MB
Format:
Adobe Portable Document Format
Description:
Full text secured file

Collections