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Islamic Credit Risk Management In Murabahah Financing-the Study Of Islamic Banking In Malaysia

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dc.contributor.authorSiti Nor Amira Mohamaden_US
dc.contributor.authorMohamad Yazis Ali Basahen_US
dc.contributor.authorMuhammad Ridhwan Ab Azizen_US
dc.contributor.authorKhairil Faizal Khairien_US
dc.contributor.authorMazlynda Md Yusufen_US
dc.contributor.authorHisham Sabrien_US
dc.date.accessioned2024-05-27T14:50:40Z
dc.date.available2024-05-27T14:50:40Z
dc.date.issued2014
dc.date.submitted--
dc.descriptionAustralian Journal of Basic and Applied Sciences, 8(6) April 2014, Pages: 318-323en_US
dc.description.abstractBackground: The understanding of risk and the concept of it is occurs associated in Islamic financing was well-known in financial industry by the using of Profit-and-Loss Sharing (PLS). It was presently in any Islamic financial transactions in order to comply with shariah rules. However, the existence of risk in Murabahah contract of financing is an ability that the counterparty is unable to completes its obligations within the agreed terms. Therefore, it is called as credit or default risk. Credit risk occurs when the client fails to make timely payment after the bank makes complete delivery of assets. Thus, it affects the growth of the bank as the banking business is in no position to have appropriate measures to cover the risk. Therefore, the bank may impose penalty on the outstanding balance. Objective :This paper aims to highlight the credit risk determinant and issues surrounding in Islamic bank in Malaysia in terms of Murabahah financing and how to manage it by using the proper techniques. Finally, it explores the credit risk management concept that might solve the problems arise .Results: The study found that the credit risk can be managed properly by improving the use of comprehensive reference checklist of business partners on their character and past performance as well as their comprehensive database. Conclusion: Besides that, prevention of credit risk can be done by using collateral as security against the risk and we also argue on the Shariah guidelines and procedures should be implement coherently by the banking business because so that the risk would be control by having an effective instrument for Islamic modes of financing.en_US
dc.identifier.epage323
dc.identifier.issn1991-8178
dc.identifier.issue6
dc.identifier.spage318
dc.identifier.urihttp://www.ajbasweb.com/old/ajbas/2014/April/318-323-april14.pdf
dc.identifier.urihttp://www.ajbasweb.com/old/7-ajbas_April_2014.html
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/3851
dc.identifier.volume8
dc.language.isoen_USen_US
dc.publisherAENSI Publicationsen_US
dc.relation.ispartofAustralian Journal Of Basic And Applied Sciencesen_US
dc.subjectIslamic banking,en_US
dc.subjectcredit risk,en_US
dc.subjectMurabahah financing and risk mitigationen_US
dc.titleIslamic Credit Risk Management In Murabahah Financing-the Study Of Islamic Banking In Malaysiaen_US
dc.typeArticleen_US
dspace.entity.typePublication

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