A CONVENTIONAL AND ISLAMIC MORTGAGE FINANCING - A LEGAL COMPARISON

 

Table Of Contents


Chapter ONE

INTRODUCTION

  • 1.1Introduction
  • 1.2Background of Study
  • 1.3Problem Statement
  • 1.4Objective of Study
  • 1.5Limitation of Study
  • 1.6Scope of Study
  • 1.7Significance of Study
  • 1.8Structure of the Research
  • 1.9Definition of Terms

Chapter TWO

LITERATURE REVIEW

  • 2.1Overview of Conventional Mortgage Financing
  • 2.2Principles of Islamic Mortgage Financing
  • 2.3Legal Framework of Conventional Mortgage Financing
  • 2.4Legal Framework of Islamic Mortgage Financing
  • 2.5Comparison of Legal Principles
  • 2.6Advantages of Conventional Mortgage Financing
  • 2.7Advantages of Islamic Mortgage Financing
  • 2.8Disadvantages of Conventional Mortgage Financing
  • 2.9Disadvantages of Islamic Mortgage Financing
  • 2.10Global Practices in Mortgage Financing

Chapter THREE

RESEARCH METHODOLOGY

  • 3.1Research Design and Approach
  • 3.2Data Collection Methods
  • 3.3Sampling Techniques
  • 3.4Data Analysis Procedures
  • 3.5Ethical Considerations
  • 3.6Research Limitations
  • 3.7Research Validity and Reliability
  • 3.8Pilot Study

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • 4.1Overview of Research Findings
  • 4.2Comparison of Conventional and Islamic Mortgage Financing
  • 4.3Legal Implications of Mortgage Financing
  • 4.4Impact on Financial Markets
  • 4.5Regulatory Challenges
  • 4.6Consumer Protection Issues
  • 4.7Future Trends in Mortgage Financing
  • 4.8Recommendations for Policy and Practice

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

  • 5.1Summary of Findings
  • 5.2Conclusions
  • 5.3Implications for Theory and Practice
  • 5.4Contributions to Knowledge
  • 5.5Recommendations for Future Research

Project Abstract

Home ownership has been a problem to many people in Nigeria. This is the more reason why efforts are being made from all quarters to alleviate this problem. The two most prominent of these efforts are the Home Financing Schemes, otherwise known as Mortgage Financing, which are made by the public corporations and private institution. The effort of the public corporations is known as Conventional Mortgage Financing while a part of the private institution is that of the Islamic Economic System known Islamic Mortgage Financing. The focus of this research study is to compare the legal frameworks of these two opposite mortgage financing schemes. This is to be able to balance the regulatory issues that generate from the acceptability of these schemes in other to avail the Muslims the understanding of opting for the scheme that best aligns with the demand of their faith, without necessarily transgressing the law of the land in any way, bearing in mind the nascent status of the Islamic option, which is yet to enjoy a focused/specific municipal legal attention.

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