The enforceability of Wa‘d Mulzim (Binding Promise) from a fiqh perspective: A critical analysis of wa‘d application in sukūk contracts

The enforceability of Wa‘d Mulzim (Binding Promise) from a fiqh perspective: A critical analysis of wa‘d application in sukūk contracts

Wa‘d (promise) is a concept that is frequently applied in various Islamic financial products. Although this concept has been used widely in Islamic financial products, as a result of the arising Sharī‘ah issues, wa‘d especially wa‘d mulzim (binding promise) in some contemporary practices towards co...

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Bibliographic Details
Main Authors: Md. Sawari, Mohd. Fuad, Nik Abdullah, Nik Azizu, Mat Jubri@Shamsuddin, Mustafa, Abdul Aziz, Akhtarzaitie
Format: Article
Language:English
Published: IIUM Press 2018
Subjects:
KBP Islamic Law
Online Access:http://irep.iium.edu.my/64525/
http://irep.iium.edu.my/64525/1/18-01-11E%20Final.pdf

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