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al-Bay' Bithaman Aajil

al-Bay' Bithaman Aajil

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Published by Mahyuddin Khalid

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Published by: Mahyuddin Khalid on Jun 19, 2012
Copyright:Attribution Non-commercial

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11/06/2012

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MAHYUDDIN KHALID
emkay@salam.uitm.edu.my
 
INTRODUCTION
DEFINITION
EVIDENCE
OBJECTIVE OF BBA
PRICING FOR BBA
CONDITION OF BBA
APPLICATION OF BBA
CONTENT
2
 
The most popular type of financing
Reference in many classical fiqh books shows that
sale with deferred kind of payment is also known
as:
Bay’ al
-Taqsit: Sale with installment payment
Bay’ al
-Muajjal: Sale with deferred payment. sale. TheMajallah (mainly Hanafi-bases codification) refers toBBA as Bay' al-Muajjal. This term is employed inPakistan and Bangladesh.
Bay’ al
-Nasiah: Sale with delayed payment
Bay’ al
-Aajil: Deferred sale
In the Middle East, a similar practice is used under
the term Murabahah. However, in Malaysia bothterms refer to two different products.
INTRODUCTION
3

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