The course aims to expose the students to the Islamic theories of contract. The
the discussion begins with the elaboration on the meaning and definitions of contract in
Islamic law, its classifications and general principles. Its general principles include
that permissibility is a general rule of contract, the contract must be based on mutual
consent, be free from any elements of ikrah (duress/coercion), the element of riba, gharar (uncertainty) and the likes. It deals also with the essential elements/requirements and conditions needed for the formation of the contract in Islamic law such as expression of offer and acceptance, parties to a contract and the subject matter, and legal effects of the contract. Furthermore, the course covers the discussion on the freedom in contract, doctrine of khiyar (options) and modes of termination of a contract.
the discussion begins with the elaboration on the meaning and definitions of contract in
Islamic law, its classifications and general principles. Its general principles include
that permissibility is a general rule of contract, the contract must be based on mutual
consent, be free from any elements of ikrah (duress/coercion), the element of riba, gharar (uncertainty) and the likes. It deals also with the essential elements/requirements and conditions needed for the formation of the contract in Islamic law such as expression of offer and acceptance, parties to a contract and the subject matter, and legal effects of the contract. Furthermore, the course covers the discussion on the freedom in contract, doctrine of khiyar (options) and modes of termination of a contract.
- Teacher: Feisal Hussein
- Teacher: Fatma Khamis