What YOU’LL LEARN

• • • State the definition, conditions, and stipulations of the different types of contracts in Islam, differentiating between general trade transactions and detailed transactions.
    • List the rulings and conditions of detailed transactions such as Loaning, Mortgage, Guarantee, Surety ship, Commissioning, and Preemption.
    • State what Riba (usury or interest) is, its types, and its rulings.
    • Create presentations defining the types and conditions of different kinds of partnerships, such as Mudharabah & Musharakah, Diminishing Ijarah.

DESCRIPTION

Very few courses provide a scholarly account of contemporary understandings of Islamic rulings related to trade and commercial transactions in a way which analyses classical text from a contemporary lens. The course will brief on a comparative study of new issues, its correlation to Islamic principles & medieval Islamic law, and the financial laws of various countries in the present day, like selling trademarks, copyrights, franchises, business licenses, publication rights, financial options and so on.