Statistika
Vol 10, No 2 (2010)

Crisis Ability: Modified Ijarah Thumma Al-Bai’ vs. Rule 78

Nurfadhlina Binti Abdul Halim (Unknown)
Saiful Hafizah Jaaman@Sharman (Unknown)
Noriszura Ismail (Unknown)
Rokiah@Rozita Ahmad (Unknown)

Article Info

Publish Date
11 Oct 2010

Abstract

The intention of this paper is to investigate the ability of modified Ijarah Thumma Al-Bai’ (AITAB) model infacing the crisis compare with Rule 78 model. Both models are based on Shari’ah regulation for ijarahcontract and al-bai’ contract, but the modified AITAB model consideration is different from Rule 78. Inmodified AITAB modelling, we consider a partnership between lessor and lessee with musyarakahmutanaqisah concept being used, whereas in Rule 78 model such consideration does not exist. From theanalysis, we obtain a different result for IMAT and Rule 78 models, meaning both models are handlingthe crisis differently.

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Journal Info
Statistika
Website

Abbrev

statistika

Publisher

Universitas Islam Bandung

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Mathematics

Description

STATISTIKA published by Bandung Islamic University as pouring media and discussion of scientific papers in the field of statistical science and its applications, both in the form of research results, discussion of theory, methodology, computing, and review ...