Login | Register
kiet
Submissions

COMPARISON OF DIMINISHING MUSHARAKA AND CONVENTIONAL HOUSE FINANCING CONTRACTS

Authors

  • Imran Ali Shaikh

Abstract

Methodology:
This paper compares diminishing musharaka and conventional house financing contracts as formulated by banks in Karachi in mid 2006. The following aspects of the diminishing musharaka and conventional house financing contracts have been compared.
1- Commencement of agreement
2- Termination of contract
3- Risk of loss
4- Ownership provision
5- Sale transfer
6- Expense consequent to ownership

Downloads

Published

2006-10-01

Issue

Vol. 2 No. 3 (2006): Market Forces Research Journal Volume 2 No 3

Section

CaseStudy

License

  1. Copyright of all the submissions to the Market Forces will remain to the contributors.
  2. Anyone is allowed to distribute, remix, tweak, and build upon his/her work, even commercially, as long as it is credited/cited to the original contributors of the Market Forces.