Shirkah al-jabr

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Dictionary term

Definition of "Shirkah al-jabr"

Partnership by compulsion. It comes into being if a person purchases goods in the presence of a person who is a bonafide dealer in the particular commodity and the dealer has reason to believe that the goods are being purchased for him as usual. The bonafide dealer will be treated as a partner of the purchaser provided that the purchaser does not declare in anticipation to have purchased the goods for himself.


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