Arabic (وكالة مطلقة) for unrestricted wakalah/ unrestricted agency; an agency contract (aqd al-wakalah) in which the principal (muwakkel) does not place any restrictions on the acts or discretion of the agent (wakil). For example, it may involve a principal requesting his agent to buy an office building without going into any details as to its location, features, etc. In this case, the agent is at liberty to buy whatever he finds to be in the interest of his principal.
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