structure in common use i.e. the musharakah mutanaqisa program or the MMP. The proposed model is cheaper for the buyer while the …

example the popular MMP non-compliant of the stated norms. It presents a new model and argues that the alternative is not only … fully observant but is superior to MMP on some other counts as well. …

The Musharakah Mutanaqisah Partnership model or the MMP is fast gaining popularity in Islamic home financing, for … MMP is complicated, implies compound interest in practice, and is prune to Shari’ah frowns. ZDBM is especially fairer in … property valuation creates in the MMP programs. In this context the paper refers as illustrations to actual cases from some …

(MMP) model is fast gaining popularity with the jurists and the bankers alike as a truly interest free alternative. This … paper reproduces our earlier evidence that the MMP model is no different from the conventional home financing involving … interest. In this context it refers to actual cases from some countries, especially the US, where MMP is gaining ground. We …