Trade (Page 3)

In the Name of Allah, Most Merciful & Compassionate Walaikum assalam wa rahmatullahi wa barakatuh, Irrevocable offers are problematic in the Shariah, as the Prophetic hadiths are clear in that, “The two transacting parties have the option to cancel as long as they don’t part.” [Bukhari, Muslim, Ahmad, Abu Dawud,Continue Reading…

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In the Name of Allah, Most Merciful & Compassionate Walaikum assalam, Return policies are permissible to stipulate in contracts, as they are from standard market practice (`urf), and do not violate Shariah principles. [Taqi Usmani, Dars Tirmizi and elsewhere] Buying something that has a return policy with the intention ofContinue Reading…

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