The implications of voidable contract (al aqd al-fasid) to Islamic financial transactions: a study from Shari'ah and legal point of view
This paper aims to propose a modality for the mitigating of Shari'ah non-compliance risk that may arise from voidable contract. Despite all the positive legal developments and achievements that are provided by the Islamic Finance laws that are enacted in the recent years, the question of voidable contracts (al-aqd al-fasid) remains a lacuna in the legal framework of Islamic finance. Although, in Malaysia the Contract Act (CA) 1950 provides a number of provisions that deal with voidable contracts, it does not look at the contract from the Islamic perspective. It provisions are restricted to the conventional system ...
Islamic finance laws , Voidable contracts , al-Aqd al-fasid , Shariah , Legal
Yasini, Marifatulhaq. (2017). The implications of voidable contract (al aqd al-fasid) to Islamic financial transactions: a study from Shari'ah and legal point of view (Master dissertation). INCEIF, Kuala Lumpur. Retrieved from https://ikr.inceif.org/handle/INCEIF/2632