Arabic (خيار التغرير) for option (khiyar) to revoke (a contract- aqd) on grounds of deception (taghrir); it is the right of a buyer to revoke a contract due to a deliberate act of deception by the seller (or a party colluding with the seller). This involves giving inaccurate description of the object of sale in order to convince the buyer to pay a higher price (thaman). Examples of taghrir (verbal deception) includes munajashah (najsh) (see ba’i al-munajashah or ba’i al-najsh) and deception as to the actual cost price in amanah sales (buyu’ al-amanah) such as murabahah, hatitah, and tawliyah.
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