Year 2016, Volume 2, Issue 3, Pages 1 - 26 2016-11-01

Musharakah Tijarah Cross-Border Financing: Concept, Structure and Salient Features

Sharullizuannizam Salehuddin [1] , Buerhan Saiti [2]

118 806

Musharakah Tijarah Cross-Border Financing (“Product”) is the product to enable the Bank to undertake project and contract cross-border financing activities or other identified business ventures on “pure” Joint Venture basis, using the underlying Islamic financing contract of Musharakah. Musharakah concept has a low market share of less than 2.5% in the overall existing Islamic financing products in Malaysia. This product encourages mobilization of idle capital / cash entities and thus provides a basis for economic cooperation between these organizations in the society. The product also is expected to inject greater prosper to the Bank’s overall performance and ultimately able to assist small time landowners in a big way through business risk sharing. Musharakah provides an alternative investment, which will cater for Islamic investors and partners, especially from GCC, who may have been reluctant to invest in conventional or current debt-based financing scheme. With Musharakah concept, the most preferred and globally accepted Islamic financing, this can attract these investors to participate on similar risk-sharing arrangements through the creation of Specific Investment Account (SIA) or Islamic Syndication to back financing made into the Joint Venture.
Islamic Finance, Musharakah, Qard, Wakalah, CrossBorder Financing, Project and Contract Financing, Joint Venture
Other ID JA55YM86VM
Journal Section Articles
Authors

Author: Sharullizuannizam Salehuddin

Author: Buerhan Saiti

Bibtex @ { ijisef313820, journal = {International Journal of Islamic Economics and Finance Studies}, issn = {2149-8393}, eissn = {2149-8407}, address = {Politik Ekonomik ve Sosyal Araştırmalar Merkezi}, year = {2016}, volume = {2}, pages = {1 - 26}, doi = {}, title = {Musharakah Tijarah Cross-Border Financing: Concept, Structure and Salient Features}, key = {cite}, author = {Salehuddin, Sharullizuannizam and Saiti, Buerhan} }
APA Salehuddin, S , Saiti, B . (2016). Musharakah Tijarah Cross-Border Financing: Concept, Structure and Salient Features. International Journal of Islamic Economics and Finance Studies, 2 (3), 1-26. Retrieved from http://dergipark.org.tr/ijisef/issue/29329/313820
MLA Salehuddin, S , Saiti, B . "Musharakah Tijarah Cross-Border Financing: Concept, Structure and Salient Features". International Journal of Islamic Economics and Finance Studies 2 (2016): 1-26 <http://dergipark.org.tr/ijisef/issue/29329/313820>
Chicago Salehuddin, S , Saiti, B . "Musharakah Tijarah Cross-Border Financing: Concept, Structure and Salient Features". International Journal of Islamic Economics and Finance Studies 2 (2016): 1-26
RIS TY - JOUR T1 - Musharakah Tijarah Cross-Border Financing: Concept, Structure and Salient Features AU - Sharullizuannizam Salehuddin , Buerhan Saiti Y1 - 2016 PY - 2016 N1 - DO - T2 - International Journal of Islamic Economics and Finance Studies JF - Journal JO - JOR SP - 1 EP - 26 VL - 2 IS - 3 SN - 2149-8393-2149-8407 M3 - UR - Y2 - 2019 ER -
EndNote %0 International Journal of Islamic Economics and Finance Studies Musharakah Tijarah Cross-Border Financing: Concept, Structure and Salient Features %A Sharullizuannizam Salehuddin , Buerhan Saiti %T Musharakah Tijarah Cross-Border Financing: Concept, Structure and Salient Features %D 2016 %J International Journal of Islamic Economics and Finance Studies %P 2149-8393-2149-8407 %V 2 %N 3 %R %U
ISNAD Salehuddin, Sharullizuannizam , Saiti, Buerhan . "Musharakah Tijarah Cross-Border Financing: Concept, Structure and Salient Features". International Journal of Islamic Economics and Finance Studies 2 / 3 (November 2016): 1-26.