The Islamic House Financing in Malaysia. Case Study of Leasing-I Line in HSBC Amanah

Rininta Nurrachmi, Nawalin Nazah, Ummu Al Azizah and Nurul Riddhaina

MPRA Paper from University Library of Munich, Germany

Abstract: This paper attempts to examine the practice of leasing agreement that was conducted in HSBC Amanah Malaysia, whether the process based on Islamic transaction. Leasing – I Line is the product that offers by HSBC Amanah as a ways of Islamic house financing based on Ijarah (Lease). In the practice of Leasing-I Line there is no transfer of ownership and the lease asset remain the bank’s property.

Keywords: Leasing; Islamic; Property; Financing; Bank and Consumer (search for similar items in EconPapers)
JEL-codes: Z19 (search for similar items in EconPapers)
Date: 2012-05, Revised 2013-02
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