A Study on the Level of Acceptance towards the Islamic Home Financing: Empirical Study in Malaysia | Zendy

Khong Yeen Lai | Zendy; Tai Lit Cheng | Zendy; Tan Kok Eng | Zendy

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A Study on the Level of Acceptance towards the Islamic Home Financing: Empirical Study in Malaysia

Author(s) -

Khong Yeen Lai,

Tai Lit Cheng,

Tan Kok Eng

Publication year - 2018

Publication title -

research in economics and management

Language(s) - English

Resource type - Journals

eISSN - 2470-4407

pISSN - 2470-4393

DOI - 10.22158/rem.v3n1p45

Subject(s) - islam , loan , conceptual framework , affect (linguistics) , islamic banking , product (mathematics) , business , islamic finance , actuarial science , accounting , finance , sociology , social science , theology , geometry , mathematics , communication , philosophy

This paper offers a conceptual understanding of the Islamic housing loan (BaiBithaman Ajil) with a special focus on the operational matters and the factors that affect the acceptance of Bai-Bithaman Ajil. Approach: This paper incorporates relevant findings and issues surrounding the acceptance and implementation of the Islamic housing loan Findings: This paper offer more insights on the challenges faced by Islamic banking institutions to deal with both muslim and non-muslim markets in terms of the marketability of the product especially multi-racial society.

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