The application of penalty charges in banking transactions "an Islamic view"

Bourega, Soufiane (2012) The application of penalty charges in banking transactions "an Islamic view". Research Report. s.n, Kuala Lumpur. (Unpublished)

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Abstract

The study highlights the issue of penalty clause that is one of the controversial issues in the Islamic finance. Different opinions have been displayed by different scholars and researcher. The study uses the inductive method to collect the opinions on the issue of penalty clause. After analyzing the different views and the evidences, the study ended that the penalty clause can be included in some contracts such as manufacturing however the penalty clause cannot be a clause in contract of debts

Item Type:	Monograph (Research Report)
Additional Information:	6477/37810
Uncontrolled Keywords:	Penalties charges, delaying customer, debt, Riba, compensation, insolvent
Subjects:	B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > BP1 Islam H Social Sciences > HG Finance > HG1501 Banking
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Sr. Norsyaziela Zulkefli
Date Deposited:	13 May 2015 15:21
Last Modified:	13 May 2015 15:21
URI:	http://irep.iium.edu.my/id/eprint/37810

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