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DOI: https:\/\/doi.org\/10.26475\/jcil.2025.10.2.09<\/p>\n[\/et_pb_text][et_pb_tabs admin_label=”Abstract & References” _builder_version=”4.24.3″ _module_preset=”default” body_text_align=”justify” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″][et_pb_tab title=”Abstract” _builder_version=”4.24.3″ _module_preset=”default” body_text_align=”justify” hover_enabled=”0″ global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0″]<\/p>\n
The philosophy, principles and legal provisions as well as practices of conventional and Islamic financial institutions are different from one another. Particularly in relation to nonperforming loan or financing, the underlying contracts between the Islamic financial institutions and their customers are totally distinctive from that of conventional counterparts which are having a debtor-creditor relationship. In addition, the late payment charges and calculation of such charges are different in the former than the latter. These differences lead to different debt restructuring processes between the two. Albeit these differences, the current policies and regulations related to Debt Management Programme (DMP) for these institutions in Malaysia are the same. Thus, this study aims to analyse and evaluate current debt recovery practices by examining the existing practices of Islamic banks and the regulations on DMP and ascertain the most appropriate approach in harmonising conflicts between Shariah principles of debt recovery and the regulations. The study is qualitative research that will be primarily based on library research. It adopts doctrinal analysis of primary and secondary sources with minor fieldwork to get information on the practices. It is hope that this research can contribute significantly to the knowledge as well as propose the best solution to avoid any possible conflicts.<\/p>\n
KEYWORDS
Harmonisation, Shariah, Debt Management Programme<\/p>\n
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DECEMBER 2025Harmonising Shariah Principles on Debt Recovery Practices of Islamic Banks with Regulations Related to Authorised Debt Management Agency in MalaysiaUzaimah Ibrahim, uzaimah@iium.edu.mySafinar SallehAhmad Ibrahim Kulliyyah of Laws, International Islamic University Malaysia, MalaysiaMuhammad Zuhaili MudaLembaga Hasil Dalam Negeri MalaysiaMohammad Hafiz Mohd Zaki Mahkamah Tinggi Syariah Johor Bahru, Johor, MalaysiaReceived: Nov 15, 2025 | Revised: Dec […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-4844","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.ukm.my\/jcil\/wp-json\/wp\/v2\/pages\/4844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ukm.my\/jcil\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.ukm.my\/jcil\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.ukm.my\/jcil\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ukm.my\/jcil\/wp-json\/wp\/v2\/comments?post=4844"}],"version-history":[{"count":2,"href":"https:\/\/www.ukm.my\/jcil\/wp-json\/wp\/v2\/pages\/4844\/revisions"}],"predecessor-version":[{"id":4848,"href":"https:\/\/www.ukm.my\/jcil\/wp-json\/wp\/v2\/pages\/4844\/revisions\/4848"}],"wp:attachment":[{"href":"https:\/\/www.ukm.my\/jcil\/wp-json\/wp\/v2\/media?parent=4844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}