Musharakah mutanaqisah (diminishing partnership) house financing (MMHF) is one type of house financing facilities that Islamic bank in Malaysia offers. It is a hybrid house financing product involving three recognized Shariah contracts that are musharakah (partnership), ijarah (leasing) and bay‘ (sale). Its modus operandi starts with the bank and

Novel Aspect A first report of natriuretic peptide in Bungarus venom exhibiting hyponatremic effects together with serine protease and different neurotoxins compositions. Introduction Snake envenoming is now considered to be a neglected tropical disease by the World Health Organisation. Mortality and morbidity from snakebite is particularly prevale

Venture capital is an effective tool for investment in both early stage and hi-tech businesses. From a purely legalistic perspective, this paper examines the current legal framework of France on venture capital and the opportunities it presents for shari‘a-compliant investments. The study adopts an analytical approach in dissecting the relevant l

Purpose – This paper provides a case study on a Sharī‘ah-compliant house loan contract based on the Bai Bitham Ajil (BBA) contract generally used by Islamic banks in Malaysia. The study emphasises the need to comply with the existing legal framework and execute relevant contracts in line with the Sharī‘ah resolutions of the Sharī‘ah Advi

Workplace spirituality has recently become an important area of research for studying individual performance enhancement, particularly after recent episodes of corporate scandals and ethical violence in the workplace. Although some research has been done on spirituality and workplace performance, almost no empirical study were found to have investi

There is no doubt that the rate at which sukuk financing has been accepted in different jurisdictions outside the usual Muslim-majority countries is encouraging. This seemingly considerable feat comes with much responsibility and a proactive role for Shariah scholars and regulators. The chapter examines prevailing practices in the market and the ne

This paper examines insolvency and debt restructuring in Islamic finance and the need for a comprehensive model law. The paper is organised into six major sections. The next section,which is the second, gives a brief conceptual framework of bankruptcy and financial distress in Islamic law. The third section examines the transposition of Shariah rul

Considering the importance of cash waqf in developing waqf institutions and enhances the social economic of ummah. Yet, the literature that contributes to a social psychological understanding of the factors that underlie an individual’s decision to donate to cash waqf has been extremely inadequate. This study therefore is aimed at examining the d

The aim of this paper is to construct an exact solution corresponding to the oscillatory Couette flow in a rotating system. An incompressible viscous fluid occupies the porous medium in a rotating horizontal parallel-plate channel subject to a uniform strength, static, oblique magnetic field acting at an angle Θ to the positive direction of the ax

Muslim doctors are those qualified doctors who practise their professional knowledge and skills in line with Islam and upholds the highest standards of ethical and professional behaviour. The medical curriculum of the Faculty of Medicine and Health Sciences of Universiti Sains Islam Malaysia (USIM) was designed with the integration of Islamic input