STUDIES IN THE ISLAMIC LAW OF CONTRACTS : THE PROHIBITION OF GHARAR

This book focuses on the discussion of Islamic prohibition of gharar which is said to be one of the three elements that makes Islamic contracts abhor modern transactions. The other two are riba and extra stipulations in contracts. In elaborating the above concept, the book explains in brief but lucid current development of Islamic contracts in the middle eastern countries and general outlines of Islamic contracts both from the classical and modern perspectives.