Sanctity of contract under Islamic law: an expository study with special reference to the Malaysian Islamic banking cases

This article is on the concept of sanctity of contract under Islamic law with special reference to decided cases on Islamic banking in Malaysia. Islamic law recognizes generally the concept of sanctity of contract that is based on the principle that every contract needs to be fulfilled and every con...

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Main Author: Othman, Ahmad Azam
Format: Article
Language:English
Published: Serials Publications 2014
Subjects:
Online Access:http://irep.iium.edu.my/43398/
http://irep.iium.edu.my/43398/
http://irep.iium.edu.my/43398/1/2-Ahmad_Azam_Othman%3D%3DJILR.pdf
id iium-43398
recordtype eprints
spelling iium-433982018-06-12T06:26:11Z http://irep.iium.edu.my/43398/ Sanctity of contract under Islamic law: an expository study with special reference to the Malaysian Islamic banking cases Othman, Ahmad Azam K Law (General) KBP Islamic Law This article is on the concept of sanctity of contract under Islamic law with special reference to decided cases on Islamic banking in Malaysia. Islamic law recognizes generally the concept of sanctity of contract that is based on the principle that every contract needs to be fulfilled and every contracting party is obliged to honour to what has been agreed upon accordingly. Muslim jurists have discussed such concept in detail in their writings. The concept involves the principles of freedom of the contracting parties to agree and stipulate any condition they like. Thus, the examination and analysis on the Muslim jurists discourse on these principles are carried out. This paper aims to achieve the following objectives: To analyse the concept of sanctity of contract together with the freedom of the contracting parties to agree and stipulate under Islamic law in detail and to analyse the principles of sanctity of contract that have been applied in various Islamic cases in Malaysian. The main methodology to be adopted for this research is a library research. Thus, relevant published materials available in the library in the form of books, articles, research papers, reported cases and the likes either in English, Arabic or Malay are consulted. The reference to the publications in the websites and Internet sources are also referred to. In short, it is hoped that the paper has shown that Islamic law recognizes the concept of sanctity of contract and it is a welldefined one. Serials Publications 2014-06 Article PeerReviewed application/pdf en http://irep.iium.edu.my/43398/1/2-Ahmad_Azam_Othman%3D%3DJILR.pdf Othman, Ahmad Azam (2014) Sanctity of contract under Islamic law: an expository study with special reference to the Malaysian Islamic banking cases. Journal of Islamic Law Review, 10 (1). pp. 23-50. ISSN 0973-2918 http://serialsjournals.com/journal-detail.php?journals_id=272
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
topic K Law (General)
KBP Islamic Law
spellingShingle K Law (General)
KBP Islamic Law
Othman, Ahmad Azam
Sanctity of contract under Islamic law: an expository study with special reference to the Malaysian Islamic banking cases
description This article is on the concept of sanctity of contract under Islamic law with special reference to decided cases on Islamic banking in Malaysia. Islamic law recognizes generally the concept of sanctity of contract that is based on the principle that every contract needs to be fulfilled and every contracting party is obliged to honour to what has been agreed upon accordingly. Muslim jurists have discussed such concept in detail in their writings. The concept involves the principles of freedom of the contracting parties to agree and stipulate any condition they like. Thus, the examination and analysis on the Muslim jurists discourse on these principles are carried out. This paper aims to achieve the following objectives: To analyse the concept of sanctity of contract together with the freedom of the contracting parties to agree and stipulate under Islamic law in detail and to analyse the principles of sanctity of contract that have been applied in various Islamic cases in Malaysian. The main methodology to be adopted for this research is a library research. Thus, relevant published materials available in the library in the form of books, articles, research papers, reported cases and the likes either in English, Arabic or Malay are consulted. The reference to the publications in the websites and Internet sources are also referred to. In short, it is hoped that the paper has shown that Islamic law recognizes the concept of sanctity of contract and it is a welldefined one.
format Article
author Othman, Ahmad Azam
author_facet Othman, Ahmad Azam
author_sort Othman, Ahmad Azam
title Sanctity of contract under Islamic law: an expository study with special reference to the Malaysian Islamic banking cases
title_short Sanctity of contract under Islamic law: an expository study with special reference to the Malaysian Islamic banking cases
title_full Sanctity of contract under Islamic law: an expository study with special reference to the Malaysian Islamic banking cases
title_fullStr Sanctity of contract under Islamic law: an expository study with special reference to the Malaysian Islamic banking cases
title_full_unstemmed Sanctity of contract under Islamic law: an expository study with special reference to the Malaysian Islamic banking cases
title_sort sanctity of contract under islamic law: an expository study with special reference to the malaysian islamic banking cases
publisher Serials Publications
publishDate 2014
url http://irep.iium.edu.my/43398/
http://irep.iium.edu.my/43398/
http://irep.iium.edu.my/43398/1/2-Ahmad_Azam_Othman%3D%3DJILR.pdf
first_indexed 2023-09-18T21:01:50Z
last_indexed 2023-09-18T21:01:50Z
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