An introduction to the theoretical foundations of Islamic transactions

This book presents a study of the theoretical foundations for Islamic transactions. It provides the reader with a solid background which is essential for a comprehensive knowledge of Islamic transactions, banking and finance. The main discussions include the sources for Islamic commercial and fina...

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Main Author: Saleem, Muhammad Yusuf
Format: Proceeding Paper
Language:English
Published: 2010
Subjects:
Online Access:http://irep.iium.edu.my/22671/
http://irep.iium.edu.my/22671/1/P-216_-_P-220.pdf
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author Saleem, Muhammad Yusuf
author_facet Saleem, Muhammad Yusuf
author_sort Saleem, Muhammad Yusuf
building IIUM Repository
collection Online Access
description This book presents a study of the theoretical foundations for Islamic transactions. It provides the reader with a solid background which is essential for a comprehensive knowledge of Islamic transactions, banking and finance. The main discussions include the sources for Islamic commercial and financial laws, the objectives of Shari’ah with regard to commercial and financial transactions, property and its classifications and their implications for transactions, rights and financial rights, ownership and its types, the theory of contract, the pillars of contract, its classifications, and its options. The last chapter discusses factors that invalidate transactions such as usury/interest (riba), ambiguity (gharar), gambling (maysir), and the involvement of prohibited properties. The book is an important text not only for the students but also for all those who work in Islamic banks and financial institutions.
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format Proceeding Paper
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institution International Islamic University Malaysia
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language English
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publishDate 2010
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spelling iium-226712012-03-20T01:46:21Z http://irep.iium.edu.my/22671/ An introduction to the theoretical foundations of Islamic transactions Saleem, Muhammad Yusuf HG Finance This book presents a study of the theoretical foundations for Islamic transactions. It provides the reader with a solid background which is essential for a comprehensive knowledge of Islamic transactions, banking and finance. The main discussions include the sources for Islamic commercial and financial laws, the objectives of Shari’ah with regard to commercial and financial transactions, property and its classifications and their implications for transactions, rights and financial rights, ownership and its types, the theory of contract, the pillars of contract, its classifications, and its options. The last chapter discusses factors that invalidate transactions such as usury/interest (riba), ambiguity (gharar), gambling (maysir), and the involvement of prohibited properties. The book is an important text not only for the students but also for all those who work in Islamic banks and financial institutions. 2010 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/22671/1/P-216_-_P-220.pdf Saleem, Muhammad Yusuf (2010) An introduction to the theoretical foundations of Islamic transactions. In: IIUM Research, Innovation & Invention Exhibition (IRIIE 2010), 26 - 27 January 2010, Kuala Lumpur.
spellingShingle HG Finance
Saleem, Muhammad Yusuf
An introduction to the theoretical foundations of Islamic transactions
title An introduction to the theoretical foundations of Islamic transactions
title_full An introduction to the theoretical foundations of Islamic transactions
title_fullStr An introduction to the theoretical foundations of Islamic transactions
title_full_unstemmed An introduction to the theoretical foundations of Islamic transactions
title_short An introduction to the theoretical foundations of Islamic transactions
title_sort introduction to the theoretical foundations of islamic transactions
topic HG Finance
url http://irep.iium.edu.my/22671/
http://irep.iium.edu.my/22671/1/P-216_-_P-220.pdf