Leverage and Contract Status in Shariah

عقود میں عربون کا حکم اور اس کی شرعی حیثیت

Abstract

Islam is a complete code of life. Islamic Shariah guides us in every walk of life. The modern world is facing new and complex issues of business and dealing. E–marketing, stock exchange, and these other institutions are promoted worldwide. In this article conditions of “arboon” and “aqood” in marketing have been described in the light of shariah. Issues of trading companies have been discussed according to important books of all schools of thought particularly the Hanfi school of thought. No one can deny that ever since the industrial revolution took place in the world, the reality of everything has already changed, and companies' complex forms of participation in new forms have emerged, such as electronic media, the internet, and Money [E. MONEY], CDC, Stock Exchange, Commodity Exchange and other similar institutions came into existence so fast that putting them in the Islamic mold became the main and basic need of the time. The article under consideration will help the owners of commercial companies and institutions to carry out their work procedures in the light of Sharia, which is considered impossible. It will help.