Types of Leasing in Plot Business and Their Rules

Authors

  • Hafiz Shakir Mahmood Ph.D Scholor, Islamic studies Department The University of lahore
  • Muhammad Nawaz al hasni Professor Islamic studies Department The University of lahore

Keywords:

sale and purchase, including plots, parties agree, remaining amount, difference of opinion, absence of a deal

Abstract

The sale and purchase of most items, including plots, around the world, and especially in  Pakistan, is usually done in such a way that when the parties agree on a contract and the price  is fixed, the buyer buys the customer a token out of the total amount. Gives some amount and a  time is fixed for the remaining amount which is usually three months and a note is written that if  Jupiter does not pay the remaining amount on time then the amount paid will be confiscated. It  is commonly interpreted as leverage. One form of collateral is that if the deal is not settled, the  owner returns the amount received as collateral. This form of leverage is permissible by chance.  There is no difference of opinion. The second case is that the seller does not return the pledge in  the absence of a deal.

Downloads

Published

2022-06-30

How to Cite

Hafiz Shakir Mahmood, & Muhammad Nawaz al hasni. (2022). Types of Leasing in Plot Business and Their Rules. Jihat-ul-islam, 15(2), 57–71. Retrieved from https://jihat-ul-islam.com.pk/journal/index.php/jihat-ul-islam/article/view/347

Similar Articles

1 2 3 4 > >> 

You may also start an advanced similarity search for this article.