![]() ![]() Nonetheless, there are many issues in these products when faced with the problems of abandoned housing projects in Malaysia. ![]() Among the products are: Bay’ Bithaman al-Ajil (‘BBA’), Musharakah al-Mutanaqisah (‘MM’), Commodity Murabahah (‘CM’) and Ijarah Mausufah Fi Zimmah (‘IMFZ’). Various Islamic Home Finance products have been introduced and practised in Malaysia. Until today, Islamic Banking has robustly developed in Malaysia providing various kinds of Islamic transaction products including Islamic home finance. It was initially commenced with the incorporation of Bank Islam Malaysia Berhad (BIMB) in 1983. Islamic Banking has been established since 1980s in Malaysia. ![]()
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