Commercializing Muzara’ah model contract through Islamic finance to help Malaysian aborigines
Abstract
The rigts of Orang Asli on land is merely regarded as tenant at will. As a consequences, they will lost their land and rights to the crops that they are skilled full in. This paper aim to highlight the plight and pressures when tehir land being taken away from them. This paper also serves to propose Muzaraah as a way to take them out from the current plight to help them to boost the economic skills. Muzaraah system allows the commodities traded with the land owned by the government retained . This paper also proposes a bank could come in as a financial intermediaries in providing financing. This paper proposes that onec the government has taken away their land, they should be given a rifht to cultivate the government’s land under the Muzara’ah concept. The paper concludes by proposing the model to be adopted to ensure justice is served.
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