Pre signing and sequence in contract execution of Islamic banking products
Customer pre-signing of all transactional documents in one sitting is a questionable procedure as it does not follow the required sequence in the Shariah concept of “offer and acceptance”.As “offer and acceptance” or “ijab and qabul” (i.e. sighah) is, according to the vast majority of scholars, an a...
| Main Author: | |
|---|---|
| Format: | Article |
| Published: |
ipublication
2014
|
| Subjects: |