Warning: Creating default object from empty value in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/plugins/independent-core/admin/ReduxCore/inc/class.redux_filesystem.php on line 29 Iqalat al-Aqd – Fincyclopedia
[wpdreams_ajaxsearchpro id=44 ]
  • Tuesday, April 29, 2025
  • The Financial Encyclopedia
[wpdreams_ajaxsearchpro id=43 ]

Islamic Finance

  Islamic Finance   |   Terms
  • 434
  • November 26, 2022
[addtoany]
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41

Iqalat al-Aqd

Arabic (إقالة العقد) for the revocation of a contract (aqd) (which is, nevertheless, a valid contract) by mutual agreement of the parties. For example, iqalah may involve the dissolution of a contract of sale (aqd al-ba’i/ aqd-al-bay’) whereby the seller retains or takes back the object of sale and pays back its price (thaman) to the buyer (cancelling the contract as if it has never been).

Iqalah is a type of faskh (faskh is broader and includes iqalah, among others).


[related_posts_by_tax title="See also" posts_per_page="10" taxonomies="post_tag"]

[pt_view id=d3cfcfcp7w]
[su_box title="Watch on Youtube" style="soft" box_color="#f5f5f5" title_color="#282828" radius="2" class="" id=""][su_row class=""][su_column size="1/1" center="yes" class=""] [/su_column][/su_row][/su_box]

Latest Terms

Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments

    Leave Your Comment

    Your email address will not be published.*