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Aqd Muawadhah

Arabic (عقد معاوضة) for compensatory contract (commutative contract) whereby one party receives compensation/ consideration (iwadh) from another party in return...

    Penalty Clause

    A clause in a commutative contract (aqd mu’awadhah) that stipulates that an agreed amount of money shall be paid to…

      Commutative Contract

      In Arabic aqd mu'awadhah, it is a type of compensatory contract whereby one party receives remuneration/ consideration in return for...