Islamic Contract Law

Ilias Bantekas, Jonathan G. Ercanbrack, Umar A. Oseni, Ikram Ullah

Islamic Contract Law
Format
Hardback
Publisher
Oxford University Press
Country
United Kingdom
Published
24 September 2024
Pages
464
ISBN
9780192893796

Islamic Contract Law

Ilias Bantekas, Jonathan G. Ercanbrack, Umar A. Oseni, Ikram Ullah

The first comprehensive treatment of Islamic contract law in the English language, Islamic Contract Law serves as both a reference work and an authoritative statement of the law and the Fiqh underlying it.The book's structure draws from the tradition of western contract law books to enable non-expert readers to easily navigate its structure, sources, and application. It covers the complete spectrum of Islamic contract regulation, and includes chapters on the formation of contracts, the sources of Islamic contract law, the role of intention, legal capacity, the importance of the subject matter, as well as the prohibited elements of contracts. Further chapters discuss validity and defects, contractual terms, bilateral agreements, equity-based partnership contracts, ancillary and unilateral contracts, termination and damages, and the role of third parties. Finally, a chapter is devoted to the application of Islamic law in contemporary Muslim-majority legal systems.This is a key work for understanding the contract underpinnings of Islamic finance instruments and is a must-read for scholars, legal professionals, and students with an interest in contracts governed by Islamic Law.

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