Module IV - Islamic Law of Contract

4 Lessons / 12 Week

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Course Description


This module covers the rules and conditions of Islamic laws of contract. You will learn about various types of financial contracts as well as their ingredients and Islamic laws. This module will enable you to understand and evaluate the various types of contracts used in Islamic banks.

The Key Topics Covered Include:

  • Concepts of valid and invalid contract.
  • Financial and Non-financial contract.
  • Laws of subject matter.
  • Laws of Price (consideration).
  • Various types of contracts and their respective laws.

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