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Volume :23 Issue : 75 2008      Add To Cart                                                                    Download

Sharing ending in Ownership as done by American Finance House (La Reba)

Auther : Dr Ahmed AssuweI Shlibek

Sharing ending in Ownership as done by American Finance House (La Reba)

A Critical StudyWithin Shriah Standards

Dr Ahmed AssuweI Shlibek.

*Prof,Associate –Faculty of Shariah-Al-Shareqah University-UAE

This research deals with an important issue in minorities fiqh related to sharing ending with ownership as it is done by American Finance House ( la reba)to show to what extent are its transactions Halal =permissible according to Sharia rules to deal with this company.The research has been divided into an introduction, three topics and a conclusion.

First topic is about: reality of sharing ending in ownership .He gave a definition of sharing ending in ownership, its forms ,compound contracts and their rules.

Second topic is about :Compound in sharing ending with ownership. In it he mentioned shared contracts concept ,rule of shared , single and collective contracts and the rule of promise commitment ,company capital ,profit and loss.

Third topic is about La Reba Company : He mentioned companys principles and nature of transactions done by La reba company, the contract between La reba Company and the customer, applied study of one of the contracts signed between the company and the customer.

A conclusion containing key results reached at by the company and some recommendations.

The researcher, at the end of his research ,concluded that La Reba Company is not conforming to Sharia rule

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Nov 04, 2019

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