Open Accessغرر ،سلم اور استصناع کی حقیقت
Author(s) -
Aijaz Ali Khosah
Publication year - 2019
Publication title -
rāḥat al-qulūb
Language(s) - English
Resource type - Journals
eISSN - 2521-2869
pISSN - 2520-5021
DOI - 10.51411/rahat.3.2.2019.80
Subject(s) - fiqh , islam , database transaction , position (finance) , business , islamic banking , accounting , sharia , law and economics , philosophy , sociology , finance , computer science , theology , programming language
This paper is the study of three modes of business and transactions including Gharar, Salam and Istisna’, widely used in Islamic Banking and Islamic Financial Institutions. This study delving in Fiqh Literature brings to the fore the juristic status of all three modes of business and transaction supported by the arguments from Quran, Sunnah and Fiqh literature. The Objective of this paper is to remove misconceptions surround these modes of business and transactions and to clariy their legal position.