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The first comprehensive treatment of Islamic contract law in the
English language, Islamic Contract Law serves as both a reference
work and an authoritative statement of the law and the Fiqh
underlying it. The book's structure draws from the tradition of
western contract law books to enable non-expert readers to easily
navigate its structure, sources, and application. It covers the
complete spectrum of Islamic contract regulation, and includes
chapters on the formation of contracts, the sources of Islamic
contract law, the role of intention, legal capacity, the importance
of the subject matter, as well as the prohibited elements of
contracts. Further chapters discuss validity and defects,
contractual terms, bilateral agreements, equity-based partnership
contracts, ancillary and unilateral contracts, termination and
damages, and the role of third parties. Finally, a chapter is
devoted to the application of Islamic law in contemporary
Muslim-majority legal systems. This is a key work for understanding
the contract underpinnings of Islamic finance instruments and is a
must-read for scholars, legal professionals, and students with an
interest in contracts governed by Islamic Law.
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