The development of Islamic banking system in offering the products which is based on the shariah principles has witnessed a tremendous success. There are many new products being introduced as alternatives to conventional ones. Yet, at the same time, some of these products remain hotly debated...

Purpose: This paper critically aims to examine the concept of beneficial ownership and its application in musharakah-based home financing. Design/methodology/approach: The study applies the method of juristic interpretation in analyzing the meaning of beneficial ownership in legal documentation...

Purpose: This study aims to analyse the Shariah issues in the implementation of tawarruq contract in the Islamic profit rate swap (IPRS) instrument in Malaysia. Design/methodology/approach: This is a qualitative study in applying data analysis and semi-structured interview approaches. Data was...

Purpose: The purpose of this paper is to critically study the application of beneficial ownership in sukuk ijarah by analysing the fiqh interpretation on the concept of beneficial ownership. Design/methodology/approach: This is a theoretical paper using content analysis approach that delves...