Neural Networks and Rules-based Systems used to Find Rational and Scientific Correlations between being Here and Now with Afterlife Conditions
Neural Networks and Rules-based Systems used to Find Rational and
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The development of Islamic financial system in Malaysia had lead to various innovation and establishment of new instruments and concepts whether in debt-based financing or equitybased financing. Though several concepts have been modified to fulfill consumer’s need, however, each and every one of the models should abide the law of Shariah. For over a few decades, Malaysia has been the lead country in applying the Bai Bithaman Ajil instrument in property financing. Until recently, a few legal cases have emerged and its compliancy towards Shariah has been debated among the scholars and consumers itself. In spite of the expose issues, a new proxy has been introduced. Musharakah Mutanaqisah is introduced as an equityfinancing and is proven to be conforming towards Shariah as its ownership is shared between the bank and consumer. In contemplation of making the debt-based financing compliance towards Shariah, this journal is to schemed a new model in which the original model of Bai Bithaman Ajil is embedded with profit sharing ratio exist in Musharakah Mutanaqisah.
Nurfadhlina Abdul Halim. 2015. \u201cA Modification of Bai Bithaman Ajil Instrument through Musharakah Mutanaqisah: Fixation of Robust Optimisation into Rule 78\u201d. Global Journal of Science Frontier Research - F: Mathematics & Decision GJSFR-F Volume 14 (GJSFR Volume 14 Issue F7): .
Crossref Journal DOI 10.17406/GJSFR
Print ISSN 0975-5896
e-ISSN 2249-4626
The methods for personal identification and authentication are no exception.
Total Score: 102
Country: Malaysia
Subject: Global Journal of Science Frontier Research - F: Mathematics & Decision
Authors: Abd Aziz Arrashid Abd Rajak, Nurfadhlina Abdul Halim (PhD/Dr. count: 0)
View Count (all-time): 114
Total Views (Real + Logic): 4211
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Publish Date: 2015 01, Thu
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The development of Islamic financial system in Malaysia had lead to various innovation and establishment of new instruments and concepts whether in debt-based financing or equitybased financing. Though several concepts have been modified to fulfill consumer’s need, however, each and every one of the models should abide the law of Shariah. For over a few decades, Malaysia has been the lead country in applying the Bai Bithaman Ajil instrument in property financing. Until recently, a few legal cases have emerged and its compliancy towards Shariah has been debated among the scholars and consumers itself. In spite of the expose issues, a new proxy has been introduced. Musharakah Mutanaqisah is introduced as an equityfinancing and is proven to be conforming towards Shariah as its ownership is shared between the bank and consumer. In contemplation of making the debt-based financing compliance towards Shariah, this journal is to schemed a new model in which the original model of Bai Bithaman Ajil is embedded with profit sharing ratio exist in Musharakah Mutanaqisah.
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