The Application of Sequencing (Tartib) to Determine the Validity of Personal Financing Tawarruq Contracts: A Study in Selected Islamic Financial Institutions in Malaysia

Muhd Aiman Hakim Bin Zaharudin

Publication:
The Application of Sequencing (Tartib) to Determine the Validity of Personal Financing Tawarruq Contracts: A Study in Selected Islamic Financial Institutions in Malaysia

datacite.subject.fos	Social sciences::Economics and Business
dc.contributor.advisor	Muhammad Najib bin Abdullah [Supervisor]
dc.contributor.author	Muhd Aiman Hakim Bin Zaharudin
dc.date.accessioned	2024-06-11T09:51:58Z
dc.date.available	2024-06-11T09:51:58Z
dc.date.issued	2023-11
dc.description	Matric: 3211412 (FSU)-Restricted until November 2026
dc.description.abstract	The Islamic financing contracts have witnessed rapid development in the Islamic financial sector in Malaysia. The application of sequencing (tartib) is crucial for bank managers, financiers, and investors to verify the validity of Islamic financing contracts. Therefore, this study aims to explore the issue of sequencing in Tawarruq contracts and its impact on Islamic financial institutions. It also aims to analyze the extent of commitment of selected Islamic banks to sequencing in Tawarruq contracts, and then propose a logical methodology to address the sequencing issue in the process of Tawarruq contracts in Islamic financial institutions. This study adopted a qualitative research method, utilizing both primary and secondary data documented through content analysis methodology. It also relied on personal interviews with some employees of the Islamic bank who willingly participated to obtain realistic information from the banks. The study concluded that the application of sequencing in Tawarruq contracts in Islamic financing is crucial as it ensures the validity of these contracts. In order to effectively implement roles and responsibilities, especially in Tawarruq contracts due to their widespread use, players and regulators are encouraged to enhance the local Islamic finance system to become a better platform in the future.
dc.identifier.citation	Muhd Aiman Hakim Bin Zaharudin (2023). The Application of Sequencing (Tartib) to Determine the Validity of Personal Financing Tawarruq Contracts: A Study in Selected Islamic Financial Institutions in Malaysia [Master’s thesis, Universiti Sains Islam Malaysia]. USIM Research Repository.
dc.identifier.uri	https://oarep.usim.edu.my/handle/123456789/19100
dc.language.iso	en_US
dc.publisher	Universiti Sains Islam Malaysia
dc.subject	Islamic financing
dc.subject	Tartib
dc.subject	Tawarruq
dc.subject	Islamic banks
dc.subject	Sequence
dc.subject	Islamic finance—Religious aspects—Islam
dc.subject	Banks and banking—Islamic countries
dc.subject	Finance—Islamic countries—Management
dc.subject	Islam—Economic aspects
dc.subject	Banks and banking—Religious aspects—Islam
dc.title	The Application of Sequencing (Tartib) to Determine the Validity of Personal Financing Tawarruq Contracts: A Study in Selected Islamic Financial Institutions in Malaysia
dc.type	text::thesis
dspace.entity.type	Publication
oairecerif.author.affiliation	Universiti Sains Islam Malaysia