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Conclusion

In: Hire Purchase Under Shirkah al-Milk (HPSM) in Islamic Banking and Finance

Author

Listed:
  • M. Kabir Hassan

    (University of New Orleans)

  • Muhammad Mostofa Hossain

    (University of Malaya)

  • Aishath Muneeza

    (International Centre for Education in Islamic Finance (INCEIF University))

Abstract

In this concluding stage, this chapter consolidates the key findings from the preceding chapters of the study, offering readers a comprehensive overview of the entire study. Emphasising the significance of the findings, it puts forth substantial recommendations derived from the study’s insights. These recommendations are designed to enhance the transparency of the application of HPSM in modern financial contexts in various jurisdictions, concerning its legality, religious adherence, and economic considerations. Indeed, the fundamental objective of this chapter is to underscore the importance of scrutinising HPSM with a focus on stakeholders’ interests, all while maintaining the integrity of Shari’ah obligations.

Suggested Citation

  • M. Kabir Hassan & Muhammad Mostofa Hossain & Aishath Muneeza, 2023. "Conclusion," Springer Books, in: Hire Purchase Under Shirkah al-Milk (HPSM) in Islamic Banking and Finance, chapter 0, pages 201-209, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-50105-0_10
    DOI: 10.1007/978-3-031-50105-0_10
    as

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