PPT-Sale Contract / Murabaha

Center of Islamic Finance COMSATS Institute of Information Technology Lahore Campus 1 Adopted from open source lecture of Mufti Najeeb Khan 2 Murabaha is a particular kind of sale where the seller discloses its cost and profit charged thereon. jady hassim. Introduction. Sale of Goods Act, . 1957. s. . 5(2) . Civil Law Act, 1956. English Sale of Goods Act 1893. Unfair Contract Terms Act 1977. Conflict between Contract Act 950 . vs. . s.. . 3 . Contd -. Act Deals with goods. Sec 4(1) – contract of sale – Contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price.. National institution and . the only platform that offers commodity futures trading in Pakistan. Broker network of . 329 . members. In-house developed web based trading platform. 21 hours market timing - . Commercial Law. Definition:. The seller (. vendor. ) promises to deliver a thing (. merx. ) to another person known as the buyer(. emptor. ) for payment of a certain price (. pretium. ). The parties to the contract. . CONDITIONAL CONTRACTS. :. There are four basic rules for judging the. validity of conditions in a contract: . A condition, which is not against the contract, is a valid condition. . . For example a condition of free delivery to buyer’s premises.. Contd -. Act Deals with goods. Sec 4(1) – contract of sale – Contract of sale of goods is a contract whereby the seller transfers or agrees to transfer the property in goods to the buyer for a price.. Murabaha. . . . Center of Islamic Finance. . COMSATS Institute of Information Technology. Lahore Campus. . 1. Adopted from open source lecture of Mufti . Najeeb. Khan.. 2. Murabaha. is a particular kind of sale where the seller discloses its cost and profit charged thereon.. Commercial Law. Definition:. The seller (. vendor. ) promises to deliver a thing (. merx. ) to another person known as the buyer(. emptor. ) for payment of a certain price (. pretium. ). The parties to the contract. Chapter 13: . Sales Contract. OBJECTIVES:. Define sale and explain how the UCC governs the sale of goods.. Explain how the UCC treats unconscionable contracts and contracts of adhesion.. Compare the status of a casual seller with a merchant.. Definition:. The seller (. vendor. ) promises to deliver a thing (. merx. ) to another person known as the buyer(. emptor. ) for payment of a certain price (. pretium. ). The . 4 . essential elements of sale. –II. ISLAMIC SALES CONTRACT. Lecturer in charge. RA. . Sarjoon. 01.06.2011. CONTRACT IN ISLAM. SUBJECT . MATTER. CONTRACT. CONTRACTORS. WORDING OF. CONTRACT. Specified . Quantified. Non-restricted. Islamic Contract. According to Islamic Jurisprudence, the three terminologies related to Islamic Contract are:. Unilateral Promise (. Wa’da. ). Bilateral . Promis. ( . Muwa’adah. or . Muahaidah. Assoc. Prof. Dr. Mohamad Akram Laldin. Executive Director, ISRA. 2. 3. Islamic Contracts and Products. Islamic Investment Products. Presentation Outline. 1. Essential Shariah Guidelines. Details. Essential . Islamic Contract. According to Islamic Jurisprudence, the three terminologies related to Islamic Contract are:. Unilateral Promise (. Wa’da. ). Bilateral . Promis. ( . Muwa’adah. or . Muahaidah.