Open AccessA 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.