Main Article Content
Abstract
Abstract
Murabaha Contract For Financing Vehicle Purchase In PT. CIMB Niaga Auto Finance Company.
Murabaha is a financing product which is a sale and purchase or sale and purchase agreement by
declaring main cost of the goods and make a profit (margin) which has been agreed by the seller and
the buyer. Sharia banking and finance institution have commonly used murabaha financing in their
activities. The aim of this research are to depict on how murabaha financing product is conducted by a
non sharia financing institution in this case PT CIMB Niaga Auto Finance. The result of this research
hopely can describe the differences between murabaha act which applying sharia principles compare
to conventional financing; the state of Power of Attorney on making fiduciary act that perform the sharia
banking principles; and legal standing of mutual agreement between the dealer and financing company.
Key word: murabahah, pembiayaan kendaraan.
Article Details
Authors who publish with this journal agree to the following terms:
a. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
b. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
c. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).