Filter by Categories
Accounting
Banking

Islamic Finance




Ahliyyah al-Wujub


Right spelling: ahliyyat al-wujub; a type of ahliyyah (أهلية) which refers to a person’s capability to enjoy legal rights and assume responsibilities. By default, all human beings have this capacity regardless of age, sex, race, ethnicity, etc (even an embryo in his/her mother’s womb does have it in a sense. It may also extend to the time after death, until a deceased’s property is divided amongst inheritors and outstanding debts are settled).

Ahliyyah al-wujūb (أهلية الوجوب) is Arabic for capacity of obligation or receptive capacity (the capacity to enjoy rights and be held responsible for actions).

Ahliyyah al-wujub is usually divided into ahliyyah al-wujub al-kamilah and ahliyyah al-wujub al-naqisah.



ABC
The last three decades have witnessed the modern rebirth of Islamic finance both in terms of literature and practice. Islamic banks and ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*