Al Bai Bithaman Ajil Concept

Menurut kertas seminar bimb modul iii.

Al bai bithaman ajil concept. Konsep al bai bithaman ajil lebih dikenali sebagai jualan harga tertangguh urus niaga al bai bithaman ajil melibatkan proses menjual sesuatu dengan disegerakan penyerahan barangdan ditangguhkan pembayarannya sehingga ke satu waktu atau tempoh yang telah ditetapkan. A contract that refers to the sale and purchase transaction for the financing of assets on a deferred and an installment basis with a pre agreed payment period. It remains a mystery when people ask me why malaysia continues to offer bai bithaman ajil bba and bai al inah products as according to them these structures are based on elements of hilah trickery. Home financing is the most popular facility granted under the concept of bai bithaman ajil bba either to purchase existing completed houses build or construct new house on customers land even as a refinancing facility.

Home financing is the most popular facility granted pillars under the concept of bai bithaman ajil bba either to purchase existing completed houses build or construct new house on customer s land even as a refinancing pricing facility. In some countries bai bithaman ajil is also known as bay al muajjal e g. Bai bithaman ajil is a deferred payment sale which works like a murabahah contract but with payment generally made on a deferred basis. The deferred payment sale contract would include all the terms and conditions present in bai al mu ajjal.

Property land motor vehicle consumer goods shares overdraft facility education financing evidences package etc. The underlying transactions of the bba is said to be based on the concept murabaha cost plus whereby the sales. It is a mystery because starting from 2012 2013 period the instructions on interconditionality issued by bnm to islamic financial. Islamic bank in malaysia is bai bithaman ajil.

Bai bithaman ajil means a deferred payment sale. This particular contract has become exceedingly popular in the islamic banking context as will be explored later. The sale of goods on a deferred payment basis. A deferred payment sale where the payment is made in a single installment is called bai bithaman ajil.

It is a mode of islamic financing used for property vehicle as well as financing of other consumer goods. Property land motor vehicle consumer goods shares overdraft facility education financing package etc. Pakistan or bay muazzal bangladesh.