Transactions In Islamic LAW

Description

The Islamic Law of Transactions deals with various kinds of transactions which carry with them legal duties undertaken by persons in relation to one with another. For a Muslim this undertaking , apart from being a legal duty , it is coupled with religious duties. It is a branch of Islamic law of practical application regulating various transactions including sales, leases, hirings, carriage, gifts, services and many others. Many of these transactions involve great financial value and significance.