Modus Operandi Bai Bithaman Ajil

Step 2 maybank as agreed by the customer purchases the qualified asset from the owner.

Modus operandi bai bithaman ajil. Modus operandi of bba financing in pakistan and bangladesh in pakistan the modus operandi for bay al muajjal is as follows. Hasan 2008 mahmood 2007 ahmad 2010 manan 2008 bba also the most preferred type of financing mode in the malaysian islamic banking industry and considering that it is also the most debated type of facility in terms of its validity and shariah compliance. Home financing bay bithaman ajil hafizah binti mohd jupri 2014204936 hazniza binti md hidzir 2014693438 nor zahirah binti mak muri 2014689062 nurfakhriah hakeema mohd radzi 2014663964 class. Bba al bay sale ajil deferment bithaman with price scope of financing modus operandi bba modus operandi step 1 customer identifies the asset to be purchased.

Documentation for business financing products. The current global financial crisis made some believe that the time has come for the islamic finance to assume a greater role. Customer identifies the asset to be acquired and purchase the asset by signing the s p agreement with the vendor. Bay bithaman ajil housing financing 1.

Unlike the normal bba whereby the bi purchases the assets requested by the customer and resells such assets at a mark up the bba concept for nidc is unique in the sense that the assets belong to the bi. 1 the applicable concept shall be bai bithaman ajil bba. Bai bithaman ajil bba deferred payment sale. 2 the modus operandi is as follows.

Technically it is a sale of commodity on deferred payment basis whether on the basis of lump sum or instalments. Al ijarah thumma al bai aitab modus operandi via case study analysis. Islamic financial industry experienced an extraordinary growth over the last few decades and promises to grow even further. Meskipun prinsipnya mamang sudah ada sejak lalu secara makna harfiyah bai maknanyanadalah jual beli atau transaksi.

Modus operandi istilah bai bithman ajil sesungguhnya istilah yang baru dalam literatur fiqih islam. Jbm 242 4c 2. Tsaman maknanya harga dan ajil maknanya bertempoh atau tidak tunai jenis transaksi ini sesuai dengan namanya adalah jual beli yang uangnya diberikan kemudian atau ditangguhkan. Also known as bai muajjal or bai taqsit.

This session will analyze documentation issues with regard to specific business financing structures. Under the same concept of al bai bithaman ajil but for a bigger amount. Step 3 maybank sells the asset to financing customer. Bai bithaman ajil and bai inah.