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02-The Requirement of Shariah In

02-The Requirement of Shariah In

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Published by Alessandro Del Luce

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Published by: Alessandro Del Luce on Feb 11, 2011
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03/21/2011

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The requirement ofShariah in financialtransaction
Khairuddin Zakariakhairuddinzakaria@gmail.com
2
Contract
Contract is:
“Conjunction of a proposal or
ijab 
and anacceptance or
qabul 
.”
Another definition is: “Conjunction of theelements of disposition, namely, proposal(
ijab 
) and acceptance (
qabul 
).”
Connection between offer and acceptance
 
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The prerequisites of Shariah contracts
Theprerequisitesof ShariahcontractSubjectMatterof contract(Mawdu’Al Aqd)The twocontractingparties(Al Aqidan)Statement ofContract(Sighah)Use PastTenseConformationof offerAndacceptanceClarity ofofferandacceptance
 
ConnectionofacceptanceWith offer
PubertyMale: ejaculateSperms in hisnight dreamsFemale:menstruation
Sanity(Akil)Maturity((Rushd)Be legalKnownTo bothPartiesspecificationCapability ofa SubMatter to behandedOver/deliveryMust be inexistence
4
The prohibitedelementsIn ShariahcontractsDuress (Ikrah)To force someoneTo do somethingThat he dislikes
Mistake (Ghalat)An assumption aboutAnything but provesto be inaccurate
Inequality (Ghubn)Complete Duress(Ikrah Mulji)(homicide)Incomplete Duress(Ikrah Ghayr mulji)
Deception(Taghrir)To induce Con.PartyTo think that the Trans.In his interest whereasIn fact it is not so.
Insignificantinequality(Ghubn yasir)Can tolerateExcessiveInequality(Ghubn Fahish)Can not tolerateDeception related toThe statement(Taghrir qawli)
 
Deception Relatedto deeds(Taghrir fi’li)
 
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5
Question 1
What is the definition of a contract?
6
A 1
Contract is:
“Conjunction of a proposal or
ijab 
and anacceptance or
qabul 
.”
Another definition is: “Conjunction of theelements of disposition, namely, proposal(
ijab 
) and acceptance (
qabul 
).”

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