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Gharar In Sale Transaction
Gharar, or contractual uncertainty, in the subject matter, the price, or the credit period itself, renders a sale invalid. A sale where the delivery of the subject matter is deferred until an uncertain event involves gharar. For instance, a sale of subject matter based on it raining on a certain day. A sale where the payment of price is deferred up to an event that is cert...
 
The Definition Of Gharar
Gharar refers to uncertainty or ambiguity that may lead to dispute between contracting parties. For instan...
 


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