Filter by Categories
Accounting
Banking

Islamic Finance




Hibat al-Majhool


Arabic (هبة المجهول) for a gift (hibah) ) whose subject-matter (mahall) is unknown at the time it is made. Fuqaha were of different opinions as to permissibility (jawaz) of hibat al-majhool: Malikis considered it permissible even in cases involving donation of future inheritance and hibat al-ma’adoom (gift of nonexistent items/ things). Shafi’is, Hanbalis, and Hanafis bid to disagree, with varying degrees of rigidity.

Examples of hibat al-majhool is a gift of milk that is still in a cow’s udder (unmilked milk), and a gift of fetus that is still in an animal’s womb (unborn fetus).



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    Your email address will not be published.*