Bai ( Buying & Selling ) By Zubair Mughal

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Top 20 FREQUENT WORDS

bai 34 salam 13 istisna 10 murabahah 7 advance 4 commodity 4 identified 4 rules 4 financing 3 kinds 3 price 3 quality 3 amount 2 avoid 2 banking 2 buying 2 cancelled 2 commodit 2 date 2 delivery 2 differences 2 existence 2 islamic 2 mode 2 ownership 2 possession 2 qualities 2 selling 2 source 2 valid 2


DOCUMENT KEY POINTS

  • basic rules of bai i R unconditional basis i R product have value price
  • i R bai on such product which is permissible in islam
  • basic rules of bai i R product must be identify clear with all demanding qualities
  • i R not based on any incident struggle etc i R price must be clearly identified
  • i R date of delivery time place must be mentioned clearly in advance
  • i R salam is not valid for a specific farm land garden
  • istisna i R not necessary to pay the amount in advance like bai salam
  • differences between istisna and salam i R istisna deal with manufacturing items but salam could or could not be manufacutred but salam ideal of agriculture sector
  • i R in salam advance payment is necessary but in istisna its not
  • differences between istisna and salam i R date time of delivery the necessary part of bai salam but in istisna it is not the part of the deal
  • i R in bai salam it can be cancelled one sided but in istisna it could be cancelled if production is not started yet


Please note, This is an auto generated summary based on sentances position in the document and other factors

DOCUMENT WORD ANALYSIS

Main Category

AlHuda Material\islamic banking


KeyWords

contract price sale asset financing lease client purchase ijarah payment profit musharakah lessee amount commodity housing agreement contracts ownership project


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DOCUMENT REFERENCES

Number of Pages

20


Published Date

2016-09-17 00:25:10


Full Document

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