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Asian Journal of Comparative Law

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Legal Impediments to the Collateralization of Intellectual Property in the Malaysian Dual Banking System

Ida Madieha Azmi / Engku Rabiah Adawiyah Engku Ali
Published Online: 2007-06-25 | DOI: https://doi.org/10.2202/1932-0205.1031

This paper examines the legal impediments facing the acceptability of intellectual property as collateral in Malaysia. As Malaysia practises a dual banking system, conventional and Islamic, both running parallel to each other, the position of intellectual property under the Islamic banking system will also be analysed. This, in turn, requires a deeper elaboration of principles relating to collateral security or rahn in Shari'ah law. The paper also proceeds to explore the suitability, acceptability and practical risks of allowing intellectual property as a form of security in comparison to "physical assets".

Keywords: IP; collateral; Malaysian dual banking system

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Published Online: 2007-06-25

Citation Information: Asian Journal of Comparative Law, Volume 2, Issue 1, ISSN (Online) 1932-0205, DOI: https://doi.org/10.2202/1932-0205.1031.

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