الشروط الجزائية في عقد الإجارة المنتهية بالتمليك = The penalty clauses in leasing contract which ends with ownership (al-Ijārah al-Muntahiyah bi al-Tamlīk)

The study of penal clauses is one of the most important aspects that should be jurisprudentially studied and highlighted. This is because in their contracts, most of the Islamic banks have stipulated several penal conditions to preserve their financial rights, achieve guarantees, reduce their risks...

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Main Authors: Salim al-Sinani, Said, Zakaria, Mohamad Sabri, Md. Sawari, Mohd. Fuad
Format: Article
Language:English
Published: Kulliyah of Islamic Revealed Knowledge and Human Sciences, International Islamic University Malaysia 2019
Subjects:
Online Access:http://irep.iium.edu.my/73229/
http://irep.iium.edu.my/73229/
http://irep.iium.edu.my/73229/1/73229_%D8%A7%D9%84%D8%B4%D8%B1%D9%88%D8%B7%20%D8%A7%D9%84%D8%AC%D8%B2%D8%A7%D8%A6%D9%8A%D8%A9%20%D9%81%D9%8A%20%D8%B9%D9%82%D8%AF%20%D8%A7%D9%84%D8%A5%D8%AC%D8%A7%D8%B1%D8%A9.pdf
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recordtype eprints
spelling iium-732292019-08-06T08:32:09Z http://irep.iium.edu.my/73229/ الشروط الجزائية في عقد الإجارة المنتهية بالتمليك = The penalty clauses in leasing contract which ends with ownership (al-Ijārah al-Muntahiyah bi al-Tamlīk) Salim al-Sinani, Said Zakaria, Mohamad Sabri Md. Sawari, Mohd. Fuad BP140 Islamic law (Fiqh) HG3368 Islamic Banking and Finance KBP639 Muʻāmalāt The study of penal clauses is one of the most important aspects that should be jurisprudentially studied and highlighted. This is because in their contracts, most of the Islamic banks have stipulated several penal conditions to preserve their financial rights, achieve guarantees, reduce their risks in dealing with customers, address the problem of procrastination in debt settlement and financial obligations. No contract exists without a set of penal clauses, such as the condition of penalty for delay in the event of late payment, the requirement that the expenses of the lawsuit should be paid by the procrastinator of debt and other conditions. There is an urgent need to study these penal conditions and identify the extent to which they agree or disagree with the rulings of Islamic Shariah so that the transactions of Islamic banks can be free of forbidden or suspicious transactions, especially those in which there is ribā or suspicion of ribā. This paper is an attempt to highlight the position of Sharia on the penal conditions applied in the Ijārah contract that leads to ownership. Kulliyah of Islamic Revealed Knowledge and Human Sciences, International Islamic University Malaysia 2019-06-30 Article PeerReviewed application/pdf en http://irep.iium.edu.my/73229/1/73229_%D8%A7%D9%84%D8%B4%D8%B1%D9%88%D8%B7%20%D8%A7%D9%84%D8%AC%D8%B2%D8%A7%D8%A6%D9%8A%D8%A9%20%D9%81%D9%8A%20%D8%B9%D9%82%D8%AF%20%D8%A7%D9%84%D8%A5%D8%AC%D8%A7%D8%B1%D8%A9.pdf Salim al-Sinani, Said and Zakaria, Mohamad Sabri and Md. Sawari, Mohd. Fuad (2019) الشروط الجزائية في عقد الإجارة المنتهية بالتمليك = The penalty clauses in leasing contract which ends with ownership (al-Ijārah al-Muntahiyah bi al-Tamlīk). International Journal of Fiqh And Usul al-Fiqh Studies (IJFUS), 3 (1). pp. 6-28. E-ISSN 2600-8408 https://journals.iium.edu.my/al-fiqh/index.php/al-fiqh/article/view/115/43
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic BP140 Islamic law (Fiqh)
HG3368 Islamic Banking and Finance
KBP639 Muʻāmalāt
spellingShingle BP140 Islamic law (Fiqh)
HG3368 Islamic Banking and Finance
KBP639 Muʻāmalāt
Salim al-Sinani, Said
Zakaria, Mohamad Sabri
Md. Sawari, Mohd. Fuad
الشروط الجزائية في عقد الإجارة المنتهية بالتمليك = The penalty clauses in leasing contract which ends with ownership (al-Ijārah al-Muntahiyah bi al-Tamlīk)
description The study of penal clauses is one of the most important aspects that should be jurisprudentially studied and highlighted. This is because in their contracts, most of the Islamic banks have stipulated several penal conditions to preserve their financial rights, achieve guarantees, reduce their risks in dealing with customers, address the problem of procrastination in debt settlement and financial obligations. No contract exists without a set of penal clauses, such as the condition of penalty for delay in the event of late payment, the requirement that the expenses of the lawsuit should be paid by the procrastinator of debt and other conditions. There is an urgent need to study these penal conditions and identify the extent to which they agree or disagree with the rulings of Islamic Shariah so that the transactions of Islamic banks can be free of forbidden or suspicious transactions, especially those in which there is ribā or suspicion of ribā. This paper is an attempt to highlight the position of Sharia on the penal conditions applied in the Ijārah contract that leads to ownership.
format Article
author Salim al-Sinani, Said
Zakaria, Mohamad Sabri
Md. Sawari, Mohd. Fuad
author_facet Salim al-Sinani, Said
Zakaria, Mohamad Sabri
Md. Sawari, Mohd. Fuad
author_sort Salim al-Sinani, Said
title الشروط الجزائية في عقد الإجارة المنتهية بالتمليك = The penalty clauses in leasing contract which ends with ownership (al-Ijārah al-Muntahiyah bi al-Tamlīk)
title_short الشروط الجزائية في عقد الإجارة المنتهية بالتمليك = The penalty clauses in leasing contract which ends with ownership (al-Ijārah al-Muntahiyah bi al-Tamlīk)
title_full الشروط الجزائية في عقد الإجارة المنتهية بالتمليك = The penalty clauses in leasing contract which ends with ownership (al-Ijārah al-Muntahiyah bi al-Tamlīk)
title_fullStr الشروط الجزائية في عقد الإجارة المنتهية بالتمليك = The penalty clauses in leasing contract which ends with ownership (al-Ijārah al-Muntahiyah bi al-Tamlīk)
title_full_unstemmed الشروط الجزائية في عقد الإجارة المنتهية بالتمليك = The penalty clauses in leasing contract which ends with ownership (al-Ijārah al-Muntahiyah bi al-Tamlīk)
title_sort الشروط الجزائية في عقد الإجارة المنتهية بالتمليك = the penalty clauses in leasing contract which ends with ownership (al-ijārah al-muntahiyah bi al-tamlīk)
publisher Kulliyah of Islamic Revealed Knowledge and Human Sciences, International Islamic University Malaysia
publishDate 2019
url http://irep.iium.edu.my/73229/
http://irep.iium.edu.my/73229/
http://irep.iium.edu.my/73229/1/73229_%D8%A7%D9%84%D8%B4%D8%B1%D9%88%D8%B7%20%D8%A7%D9%84%D8%AC%D8%B2%D8%A7%D8%A6%D9%8A%D8%A9%20%D9%81%D9%8A%20%D8%B9%D9%82%D8%AF%20%D8%A7%D9%84%D8%A5%D8%AC%D8%A7%D8%B1%D8%A9.pdf
first_indexed 2023-09-18T21:43:50Z
last_indexed 2023-09-18T21:43:50Z
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