Al Bai Bithaman Ajil Concept

Menurut kertas seminar bimb modul iii.

Al bai bithaman ajil concept. In some countries bai bithaman ajil is also known as bay al muajjal e g. Bai al dayn refers to a contract of debt trading created from shariah compliant business activities. Property land motor vehicle consumer goods shares overdraft facility education financing package etc. Pakistan or bay muazzal bangladesh.

This type of transaction is best referred to as deferred payment sale. Equipment or goods requested by the client are bought by the bank which subsequently sells the goods to the client for an agreed price including a mark up profit for the bank. Bai bithaman ajil is a deferred payment sale which works like a murabahah contract but with payment generally made on a deferred basis. Property land motor vehicle consumer goods shares overdraft facility education financing evidences package etc.

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. This particular contract has become exceedingly popular in the islamic banking context as will be explored later. Bai bithaman ajil bba usually bba is used for purchasing of properties home financing or commercial properties financing or sometimes for trade financing products. These usage is now done under the tawarruq arrangement using commodity murabahah where the proceeds from the sale of commodities is used to settle the purchases of houses or commercial properties.

Al bai bithaman ajil di kualalumpur pada tahun 1994 al bai bithaman ajil. In the context of islamic finance bai dayn is a method of sale of debt created under exchange contracts such as murabahah bai bithaman ajil ijarah istisna and others. Bai bithman ajil sometime spelt as bay bithaman ajil or bba is an islamic financing product involving sale of goods where the sale price is payable on instalment basis. A deferred payment sale where the payment is made in a single installment is called bai bithaman ajil.

However in layman term it s just a purchase of good on credit. 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. Although the bai bithaman ajil contract goes by many names in practice it. 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.

The sale of goods on a deferred payment basis.