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Document Details
Document Type
:
Article In Journal
Document Title
:
Reciprocal Loans
القروض المتبادلة
Subject
:
Comments
Document Language
:
English
Abstract
:
The reciprocal loan simply means that in return for a loan for a specific period, the lender receives an equivalent amount of loan for a similar period of time. Some contemporary scholars believe that reciprocal loans are legitimate, if they are not tied , that is if the lending of one loan does not depend on the lending of the other. But they stipulated that tying could take place through a promise or a memorandom of understanding . The loan is granted without the above stipulation , but an understanding may take place apart from the contract . This constitutes an illegitimate manouver around proper contracting , since what is unlawful in contract is also unlawful in promise or collusion , even if not binding , let alone when binding .
ISSN
:
1018-7383
Journal Name
:
Islamic Economics Journal
Volume
:
14
Issue Number
:
1
Publishing Year
:
1422 AH
2002 AD
Number Of Pages
:
5
Article Type
:
Article
Added Date
:
Sunday, October 11, 2009
Researchers
Researcher Name (Arabic)
Researcher Name (English)
Researcher Type
Dr Grade
Email
رفيق يونس المصري
RAFIC YUNES AL- MASRI
Researcher
Files
File Name
Type
Description
21234.pdf
pdf
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