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...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
IIUM Press
2018
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/64525/ http://irep.iium.edu.my/64525/ http://irep.iium.edu.my/64525/1/18-01-11E%20Final.pdf |