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- Q17004582 subject Q6117576.
- Q17004582 abstract "Hire Purchase under Shirkatul Melk (HPSM), is a special type of contract which has been developed through practice and approved in Shariah. The term is used in Islamic banking. It is a Synthesis of three contracts: Shirkat, Ijarah and Sale. Under this mode bank may supply implements/ equipment/goods on rental basis. The ownership of the implements/equipment/goods will be with the Bank and the client jointly and the portion of the client will remain to the bank as mortgage until the closure of the investment account, but the client will be authorized to possess the equipment for certain period. The client, after completion of the installments, will be the owner of the implements/ equipment/goods.".
- Q17004582 wikiPageWikiLink Q1145541.
- Q17004582 wikiPageWikiLink Q1210094.
- Q17004582 wikiPageWikiLink Q194189.
- Q17004582 wikiPageWikiLink Q22687.
- Q17004582 wikiPageWikiLink Q28877.
- Q17004582 wikiPageWikiLink Q457753.
- Q17004582 wikiPageWikiLink Q482752.
- Q17004582 wikiPageWikiLink Q6117576.
- Q17004582 comment "Hire Purchase under Shirkatul Melk (HPSM), is a special type of contract which has been developed through practice and approved in Shariah. The term is used in Islamic banking. It is a Synthesis of three contracts: Shirkat, Ijarah and Sale. Under this mode bank may supply implements/ equipment/goods on rental basis.".
- Q17004582 label "Hire Purchase under Shirkatul Melk".