AAOIFI Shariah Standards

Combination of Contracts: Scope & Shariah Ruling

This standard covers transactions that comprise more than one contract combined together in one set. The scope of the discussion in this respect covers the definition, forms, controls, characteristics, and concessions relating to the process of Combination of Contracts and explores the characteristics of Muwata`ah and the Shariah rulings pertaining thereto. The discussion also embarks on contemporary applications of combined contracts.


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