Islamic Banking and Finance: Fundamentals and Contemporary Issues

Legal Aspects of Islamic Banking: Malaysian Experience − 235 −^ (^11) Statement by Wan Abdul Rahim Kamil, Managing Director of A ...

Norhashimah Mohd.Yasin − 236 − (^34) Section 12 states “(A)ll dealings or disposals whatsoever and all attempts to deal in or di ...

Legal Aspects of Islamic Banking: Malaysian Experience − 237 −^ New Straits Times, 13 August 1999. New Straits Times, 13 Februar ...

Norhashimah Mohd.Yasin − 238 − Hire Purchase Act 1967. Islamic Banking Act 1983 (IBA). Islamic Banking (Amendment) Act 2003. Kel ...

Reza Adirahman Djojosugito^ 1. Introduction Project Finance and Asset Securitization are becoming the main vehicles for the deve ...

Reza Djojosugito The paper will review the existing laws, as well as the one in draft form, related to Islamic banking, Project ...

Legal Aspects of Islamic Project Finance in Indonesia with some elements of morality and justice.^1 It is true that in practice ...

Reza Djojosugito available for Islamic banks is to utilize the existing conventional infrastructure of the money market. The cap ...

Legal Aspects of Islamic Project Finance in Indonesia The structure is based on two tier mudarabah model, where the Depositors w ...

Reza Djojosugito might cover only the things which are financed by the financing.^11 The 1992 law was later amended by the Law N ...

Legal Aspects of Islamic Project Finance in Indonesia Moreover, the fact that this Presidential Decree was based on the laws whi ...

Reza Djojosugito reference to Islamic legal principles. Even though the Decree refers to the unwritten laws as another source of ...

Legal Aspects of Islamic Project Finance in Indonesia 4.2 The Need for Specialized Legal and Regulatory Regimes for Islamic Bank ...

Reza Djojosugito problem does not lie with the regulatory regimes but with the legal basis underlying the regulatory regime. 4.3 ...

Legal Aspects of Islamic Project Finance in Indonesia The mudarabah structure, where the assets of the Islamic banking instituti ...

Reza Djojosugito as their conventional counterpart.^43 Therefore, effort should be taken to rectify such situation. Indonesia re ...

Legal Aspects of Islamic Project Finance in Indonesia 5.1.2 Applicability of the Framework in Indonesia Although not widely prac ...

Reza Djojosugito attained through creation of a framework which accommodates the practice of Islamic banking, coupled with few r ...

Legal Aspects of Islamic Project Finance in Indonesia Taking into account the possible convergence of Islamic and conventional b ...

Reza Djojosugito Notes (^1) Equality and Justice are the core principles of Islamic Economic System. These principles are manife ...