The analysis also find out that majority of the borrowers, ulama and businessmen are in favor of the establishment of Ar-Rahnu or Islamic pawn broking to help the poor in the needy. Operating alongside with the formal financial sector, there has been less recognition about the important role played by informal finance through their complementary role in providing credit to the society. Quick links Latest additions Search Browse by year Browse by department. Facebook Page Youtube Facebook Group. International students Research degrees.
Abstract Operating alongside with the formal financial sector, there has been less recognition about the important role played by informal finance through their complementary role in providing credit to the society. Quick links Latest additions Search Browse by year Browse by department. Doctoral thesis, Durham University. International Islamic Conference In Malaysia for instance, the pawnbroking business has served people in need of small instant cash since the 19th century in various forms. Home Research Durham e-Theses.
This site uses Akismet to reduce spam. Hamid, S and Abdul Aziz, A. It is also found that the main factor influencing public to pursue Islamic pawn broking was its cheap cost of loan. Development of Islamic Pawn-broking Services: Padjak or Pawnshops are economic institution xr existed among the Moros a long time ago.
A study of Islamic practice in Ar-Rahnu at financial institution
Abstract In this paper we aim to examine the effectiveness of Al-Rahnu Islamic pawn broking services in fulfilling and enhancing socio-economic needs of its users as an alternative source of managing short term cash flow problem. However the Indians were not aware of the scheme.
To achieve our objectives we conducted a survey in two cities of Malaysia: Operating rqhnu with the formal financial sector, there has been less recognition about the important role played by informal finance through their complementary role in providing credit to the society. You are commenting using your Facebook account. Learn how your comment data is processed.
Doctoral thesis, Durham University. The establishment of Ar-Rahnu or Islamic pawn broking in Zamboanga City is expected to be a good alternative for the existing system of pawning. Due to the excessive interest rate and other malpractices imposed by the conventional pawnshops, Malaysian government initiated the first Islamic pawnbroking in which was set up by the Terengganu Islamic Religious and Malay Customs Council namely as the Muassasah Gadaian Islam Terengganu, which has experienced an overwhelming success in terms of rahhu in the informal economy.
This paper aims to identify the thexis of public awareness towards Islamic pawn broking Ar Rahnu Scheme and the main factors that influence public to pursue Islamic pawn broking in Pulau Langkwi, Kedah.
International Journal of Social Sciences. Quick links Latest additions Search Browse by year Browse by department. Importantly, it will theesis specifically the impact of Islamic pawnbroking on the socio-economy of the Malaysian society. The results were analyzed via the cross tabulation using excel spreadsheets.
A sample of users of Ar-Rahnu services were used to collect data through distributing a semi-structured questionnaire. Second, a semi-structured interview were subsequently conducted with the leading individuals of the Islamic pawnbrokers in order to develop in-depth ideas rahn understanding about the underlying principle of Islamic rahhnu and other issues related.
This implies that the Ar-rahnu services are well accepted as a better mean to ease short term financial difficulties and hence able to empower socio-economic needs of the people.
A study of Islamic practice in Ar-Rahnu at financial institution – eTheses
Behavioural and Perception Analysis. Email required Address never made public. International students Research degrees. Like the official Facebook page. Pawnshops specialize in the business of making cash advances for person who pledges goods in security for payment. Given this background, the research aim is to explore and analyse the socio-economic consequences of pawnshops crediting in Malaysia through the perceptions of the participants.
Kuantan and Kuala Terengganu in the states of Pahang and Terengganu respectively. Paper as thesis submitted in fulfillment of the requirements for the degree of Doctor of Philosophy at Durham University.
Factors of customer’s intention to use Ar-Rahnu at Post Office: A case study in Kedah
Population and Housing Census Malaysia. International Islamic Conference The majority of Chinese and Malays were aware of this scheme. The findings also indicate that the majority of Islamic pawn broking consumers are in a lower income group, mainly from the private sector with an income of RM and below.
Leave a Reply Cancel reply Enter your comment here