Islamic Commercial Law

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Islamic Commercial Law

Author :
Rating : 4.61 (586 Votes)
Asin : 1118504038
Format Type : paperback
Number of Pages : 224 Pages
Publish Date : 2017-07-10
Language : English

DESCRIPTION:

In addition to the discussion on the fundamental and theoretical aspects of Islamic commercial contracts, the writer also explains briefly the application of those contracts in Islamic finance world today. The central focus of the book is the crucial condition that the litmus test of Islamic legitimacy of any commercial contract is its organic relationship with real assets, therefore, with the real sector of the economy. Islamic Commercial Law by Dr. This makes the book an important text and essential reading for the undergraduate and postgraduate students and for all those who work in Islamic financial institutions. Saleem for providing students and practitioners with a useful resource that combines the theory with the practice."—Moha Asri Abdullah, Head, Department of Economics, International Islamic University Malaysia. Islamic Commercial Law is a timely and welcome addition to the growing

It combines theory with practice to address the needs of students while providing a pragmatic treatment of Islamic contracts. 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. A concise study of the practices in Islamic commercial lawFilling 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. 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 financeCloses a vital gap in the English-language literature on Islamic commercial lawFeatures end-of-chap

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