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Islamic Commercial Law

Islamic Commercial Law

  • Author:
  • Publisher: John Wiley & Sons
  • ISBN: 9781118504031
  • Published In: November 2013
  • Format: Paperback , 224 pages
  • Jurisdiction: International ? Disclaimer:
    Countri(es) stated herein are used as reference only
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  • Description 
  • Contents 
  • Details

    A concise study of the practices in Islamic commercial law

    Filling a gap in the current literature, Islamic Commercial Law is the only book available that combines the theory and practice of Islamic commercial law in an English-language text. From the experts at the International Islamic University Malaysia, the book examines the source materials in the Qur'an and Hadith, and highlights the views and positions of leading schools of Islamic law, without burying the reader in juristic minutia. It combines theory with practice to address the needs of students while providing a pragmatic treatment of Islamic contracts. It provides diagrams for individual contracts to reveal the type and nature of the contractual relationships between parties and discusses all types of fundamental transactions, including sales, loans, debt transfers, partnerships, and more.

    • Written by experts from the International Islamic University Malaysia, the leading organisation in research in Islamic finance
    • Closes a vital gap in the English-language literature on Islamic commercial law
    • Features end-of-chapter questions to enable self-testing and provoke critical thinking

    An ideal guide for current students, researchers, and practitioners, Islamic Commercial Law offers a concise yet comprehensive coverage of the subject.

  • CHAPTER ONE
    The Contract of Sale (Bay')
    Prohibited Sales and Practices
    Contentious Sales
    Questions

    CHAPTER TWO
    Types of Sale and its Classification
    Trust Sales (Buyu' al-amanah)
    Future Commodity Sale (al-Salam) 
    Manufacturing Sale (Istisna')
    Currency Exchange (Al-Sarf)
    Questions

    CAPTER THREE
    The Contracts of Employment and Lease (Ijarah)
    The Contract of Employment
    The Contract of Lease/Rent
    The Contract of Borrowing Things (al-I'arah)
    The Contract of Reward for Service (Al-Ja'alah)
    Questions

    CHAPTER FOUR
    The Contract of Agency (Wakalah)
    Questions

    CHAPTER FIVE
    The Contract of Loan (al-Qard)
    Questions

    CHAPTER SIX
    The Contract of Safe-keeping (al-Wadi'ah)
    Questions

    CHAPTER SEVEN
    Partnership (al-sharikat)
    Questions

    CHAPTER EIGHT 
    Silent Partnership (Mudarabah/Qirad)
    Questions

    CHAPTER NINE 
    Pledge, Mortgage or Pawn (Al-Rahn)
    Questions

    CHAPTER TEN
    Guarantee (al-Kafalah)
    Questions

    CHAPTER ELEVEN
    Transfer of Debt (al-Hawalah)
    Questions

    CHAPTER TWELVE
    The Contracts of Absolution (al-Ibra) and Set-off (al-Muqassah)
    The Contract of Set -off (al-Muqassah)
    Questions

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