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Islamic Financial Contracts - A Research Companion (Paperback)
Loot Price: R1,164
Discovery Miles 11 640
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Islamic Financial Contracts - A Research Companion (Paperback)
Series: Islamic Business and Finance Series
Expected to ship within 12 - 17 working days
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Islam encourages business and financial transactions as a way of
securing the basic needs for all human beings, but these need to be
conducted in accordance with the principles contained in the Qur'an
and Sunnah. However, these legal concepts are not classified
subject-wise, and the verses on commercial law, like all other
topics, are scattered throughout the Qur'an, making it difficult
for readers to gain a full understanding of the topic. This,
therefore, is the first comprehensive book to demystify Islamic
contract law and specifically Islamic financial contracts, and to
examine its roots and history. The book is written in a clear style
to allow for a greater understanding of the more challenging and
misunderstood areas pertaining to Islamic business and financial
contracts. It also contributes a series of chapters which address
the market niche and need, concerning Shariah compliance for
Islamic financial products and services. The book is divided into
16 chapters in order to provide a holistic and thorough overview of
Islamic law of contract. It covers the objections and
misconceptions surrounding Islamic business and financial
contracts. It also includes the key features and guiding principles
of Islamic law of contract and offers technical know-how,
illustrating the concept of formation of a contract, as well as the
essential elements of a valid contract. The authors also offer a
discussion on the system of options under Islamic business and
financial contracts and potential solutions to breach of contracts.
The book will serve as a handy reference for scholars and students
of Islamic business and finance and Islamic commercial law and will
also be beneficial for practitioners as well as legal and judicial
officers. It will open new doors for further research in the field
of Islamic financial contracts.
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