Options to Reconsider (Cooling-Off Options, Either-Or Options, and Options to Revoke Due to Non-Payment) - Adoption of the Standard

Transcription

1. Shari ’ah Standard No. (52): Options to Reconsider (Cooling-Off Options, Either-Or Options, and Options to Revoke Due to Non-Payment) Adoption of the Standard The Shari’ah Board adopted the standard on “Options to Reconsider” in its meeting No. (35) held in Al-Madinah Al-Munawwarah, Kingdom of Saudi Arabia, on 22-23 Shawwal 1434 A.H., corresponding to 29-30 September 2013 A.D. 1225