Musharakah Mutanakisah "MM" Financing:, Experience Of Islamic Banks

Dalal Mouhoub and Hichem Deghmoum
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Dalal Mouhoub: University of Algiers3.Algeria

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Abstract: This study aims to analyze the concepts and practices of Musharakah Mutanakisah (MM) by Islamic banks. The findings revealed that the MM is a hybrid contract that combines three independent contracts namely: partnership, leasing and sale. MM could be used it for financing asset acquisition as well as for other types of partnership. Hence, MM has been successfully implemented by Islamic banks in Islamic and non-Islamic countries for house financing.

Keywords: Islamic banks; Leasing and sale; Musharakah Mutanakisah (MM); Partnership. (search for similar items in EconPapers)
Date: 2021-06-30
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Published in International Journal of Economic Performance - المجلة الدولية للأداء الاقتصادي, 2021, 04 (01), pp.276. ⟨10.54241/2065-004-001-016⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:ensl-03458213

DOI: 10.54241/2065-004-001-016

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