Arabic (عقود الإطلاقات) for contracts (uqud– plural of aqd) that involves removal of restrictions to disposal or conduct. These contracts give unfettered permission to a natural or legal person to act and take responsibility for his/her/its action. Examples include situations where a minor is given permission to be in charge of his/her financial affairs, and where a person, who is dispossessed of the power of administration, is given permission to administer his property, and so on. Uqud al-itlaqat are wakalah (agency), ijarah (leasing), isaa’ (appointment of a guardian to take care of ones children after death) and qadhaa’ (dispensing justice).
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Comments