Document Details

Document Type : Article In Journal 
Document Title :
The Permissible Gharar (Risk) in Classical Islamic Jurisprudence
الغرر المسموح به في الشريعة الإسلامية
 
Subject : Articles  
Document Language : English 
Abstract : To know the reason why Gharar (risk or trncsrtalnty) would be tolerated in some transactions, can be the base to modi’ Gharar-Ioaded contemporary transactions such as futures and options. After defining risk uncertainty and Gharar, which are fountto be almost the same, we show that the prohibited Gharar is a gambling like transaction. We look at the permissible Ohorar in some transactions and find out that jurists departure from original rule (ku/an), that is, the prohibition of Gharar, was justified by “maslahah” which can be considered as particularization of a general ruling (hukm) on the basis of stronger evidence which is either obvious or imbibed. 
ISSN : 1018-7383 
Journal Name : Islamic Economics Journal 
Volume : 16 
Issue Number : 2 
Publishing Year : 1424 AH
2003 AD 
Number Of Pages : 16 
Article Type : Article 
Added Date : Sunday, October 11, 2009 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
عبدالرحيم عبدالحميد الساعاتيABDUIRAHIM AL-SAATIResearcher  

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