It takes the average reader to read Hire Purchase Under Shirkah Al-Milk (HPSM) in Islamic Banking and Finance by M. Kabir Hassan
Assuming a reading speed of 250 words per minute. Learn more
HPSM is a modern financial contract that comprises shirkah (partnership), ijarah (lease), and sale contracts. In the HPSM contract, ownership of the asset is jointly held by the bank and the client. The client makes regular instalments. During the contract, the client is granted to use the asset as long as he meets specific conditions. Upon the completion of all instalments, the asset becomes the property of the client. This book seeks to shed light on the fundamental concept of HPSM, including the policies, regulations, and subsidiary contracts that play a vital role in its practical application. It provides a thorough exploration of the documentation and accounting procedures, while also addressing potential Shari’ah-related issues in HPSM, and will be of potential interest to students, researchers, policymakers and practitioners, offering a comprehensive understanding of how HPSM is applied within the Islamic finance industry.
Hire Purchase Under Shirkah Al-Milk (HPSM) in Islamic Banking and Finance by M. Kabir Hassan is 0 pages long, and a total of 0 words.
This makes it 0% the length of the average book. It also has 0% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes to read Hire Purchase Under Shirkah Al-Milk (HPSM) in Islamic Banking and Finance aloud.
Hire Purchase Under Shirkah Al-Milk (HPSM) in Islamic Banking and Finance is suitable for students ages 2 and up.
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