A contract (aqd) which is contingent on a specified event or action. More specifically, aqd mawquf becomes effective only if some event takes place or if some condition is met. Likewise, the effectiveness of such a contract may be suspended until an action is taken by either party or both parties to the contract. Fuqaha define aqd mawquf as all actions that are initiated by a competent person who is not authorized to do so. As such, the contract has no legal effect until authorization is given to the initiator. Accordingly, aqd mawquf is a valid contract (aqd sahih) though not effective as long as authorization is withheld.
Aqd mawquf (عقد موقوف) is Arabic for pending contract or contingent contract.
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