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Added Value of Ijarah Tamwilia Service in Jordanian Islamic Bank (Case Study of Contract No: 2012/500)

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  • Abdullah Ibrahim Nazal

Abstract

This study is one of very few studies which has investigated case study of added value of Ijarah Tamwilia in Jordanian Islamic Bank. As result to search, Customer did not get added value as result to lose Islamic conditions fairly. Customer lost benefit of managing risk of Ijarah Tamwilia up to Islamic rules and face costs more than expect. There is gap between the Shania Supervisory Board and employee which comes as result to weak control beside there is no obligatory contract come from Shania Supervisory Board to employee. As the gap cause, customer loosing contract benefit it causes to cancel contract accounting data because of losing the contract Islamic rules. Searcher recommended directing employee of Ijarah Tamwilia up to Islamic rules conditions practically which will effect on Ijarah Tamwilia service marketing and accounting because of its financing Islamic rules and Islamic investing rules to give fair added value. Employee has to work with accepted Islamic model.

Suggested Citation

  • Abdullah Ibrahim Nazal, 2017. "Added Value of Ijarah Tamwilia Service in Jordanian Islamic Bank (Case Study of Contract No: 2012/500)," Humanities and Social Sciences Letters, Conscientia Beam, vol. 5(1), pages 11-17.
    • Handle: RePEc:pkp:hassle:v:5:y:2017:i:1:p:11-17:id:785
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    Cited by:

    1. Hafiz Waqas Kamran & Shamsul Bahrain bin Mohamed Arshad & Abdelnaser Omran, 2019. "Country Governance, Market Concentration and Financial Market Dynamics for Banks Stability in Pakistan," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(2), pages 136-146, July.

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