Islamic commercial law / by Muhammad Yusuf Saleem.

Title; Copyright; Preface; List of Abbreviations; Acknowledgments; Introduction: An Overview of Prohibited Elements; Usury (Riba); Ambiguities in a Contract (Gharar); Gambling (Maysir); Prohibited (Haram) Properties; Chapter 1: The Contract of Sale (Bay'); Introduction; The Pillars of a Sale Contract; Prohibited Sales and Practices; Contentious Sales; Chapter Questions; Notes; Chapter 2: Types and Classifications of Sales; Introduction; Trust Sales (Buyu' al-amanah); Deferred Payment Sale (Bay' Bi-thaman Aajil); Islamic Banks and a Sale Contract

Future Commodity Sale (Bay' al-Salam)Manufacturing Sale (Bay'al-Istisna'); Currency Exchange (Bay' al-Sarf); Chapter Questions; Notes; Chapter 3: The Contracts of Employment and Lease (Ijarah), Borrowing (I'arah), and Reward (Ja'alah); Introduction; The Pillars of the Ijarah Contract; The Contract of Borrowing Things (al-I'arah); The Contract of Reward for Service (al-Ja'alah); Chapter Questions; Notes; Chapter 4: The Contract of Agency (Wakalah); Introduction; The Pillars of an Agency (Wakalah) Contract; The Types of Agency; Agency in Sale; Agency in Purchase

The Effects and the Rights and Liabilities of the Contracting PartiesAn Agent Appointing Another Agent; Unauthorised Agency (al-Fadhalah); Termination of an Agency; Chapter Questions; Notes; Chapter 5: The Contract of Loan (al-Qard); Introduction; Loan (Qard), Debt (Dayn), and Borrowing Things (I'arah); A Loan That Provides Conditional Benefit to the Lender; Waiting or Giving Time to a Borrower Is a Commendable Act; Chapter Questions; Notes; Chapter 6: The Contract of Safekeeping (al-Wadi'ah); Introduction; The Pillars of Wadi'ah Contracts; Relationship Between the Parties

When Is the Depository Held Liable?Using Deposited Money for Investment; Wadi'ah and Islamic Banks; Termination of Wadi'ah; The Differences Between the Contracts of Wadi'ah and Qard; Chapter Questions; Notes; Chapter 7: Partnership (al-Sharikat); Introduction; Division of al-Sharikat; Capital Partnerships (Sharikat al-Amwal); Management of Partnership (Sharikat al-'Inan); Partnership of Services (Sharikat al-a'mal); Partnership of Reputation or Creditworthiness (Sharikat al-Wujuh); Partnership (Sharikat al-'Inan/Musharakah) and Islamic Banks; Dissolution of Partnership; Chapter Questions

NotesChapter 8: Silent Partnership (Mudarabah/Qirad); Introduction; Pillars of Mudarabah Contract; The Status of Sahib al-mal and Mudarib; Distribution of Profit and Treatment of Losses; Types of Mudarabah; Personal Expenses of the Mudarib; What the Mudarib Cannot Do; Void Mudarabah; Termination of Mudarabah; The Differences Between Musharakah and Mudarabah; Chapter Questions; Notes; Chapter 9: Pledge, Mortgage, or Pawn (al-Rahn); Introduction; The Pillars of Pledge (Rahn); The Use of the Pledge by the Pledgee; Forfeiture of the Pledged Property; Chapter Questions; Notes

A concise study of the practices in Islamic commercial law Filling 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. 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. It combines theory with practice to address the needs of students while providing a pragmatic treatment.

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