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Keywords: Simulation
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Journal Articles
Rental index rate as an alternative to interest rate in Musharakah Mutanaqisah home financing: A simulation approach
Available to Purchase
International Journal of Islamic and Middle Eastern Finance and Management (2016) 9 (3): 397–416.
Published: 15 August 2016
... by RPI/HPI) enables computerization of the MM system in home financing to be easily implemented. A financial simulation is developed to demonstrate the feasibility of this newly proposed rate. Findings This newly proposed RR-I is found to be more stable, having less fluctuations, resilient...
