An agency contract (aqd al-wikalah) that has a time limit on its term. In other words, the contract (aqd) is subject to a time limit beyond which it automatically expires. As such, either party or both do not have to initiate revocation of the contract by themselves. Usually, a principal (muwakkel) seeks to place a time limit on the contract in order to restrain the agent (wakil) from taking on more work or tasks.
In Arabic it is known as wikalah muaqatah (وكالة مؤقتة).
Comments