-
AlGhazalisIhya-Book_of_Ethics_of_Earning_a_Livelihood, page : 4
Chapter Two
The Science of Earning through Trade, Usury, As Salam (i.e. sale in, which
price is paid for goods to be delivered later) Rental, Loans and Partnership
First: Sales Contract
Allah has permitted trade, it has three pillars.
The First pillar: the parties to the contract, the trader is restrained from trading
with any of the following four: -
An infant child; a mentally disordered person; a slave; the blind; this is because
the underage child is not responsible nor the madman.
The Second pillar: concerns the goods to be supplied under the contract; the
ownership of the merchandise intended to be transferred from one party in the
contract to the other, six conditions pertain to it:
The Science of Earning through Trade, Usury, As Salam (i.e. sale in, which
price is paid for goods to be delivered later) Rental, Loans and Partnership
First: Sales Contract
Allah has permitted trade, it has three pillars.
The First pillar: the parties to the contract, the trader is restrained from trading
with any of the following four: -
An infant child; a mentally disordered person; a slave; the blind; this is because
the underage child is not responsible nor the madman.
The Second pillar: concerns the goods to be supplied under the contract; the
ownership of the merchandise intended to be transferred from one party in the
contract to the other, six conditions pertain to it: