ARTICLES OF THE MEJELLE ON SALAM CONTRACT: JURISTIC EVALUATION AND APPLICATIONS
The Majallat al-Aḥkām al-‘Adliyyah, known as the Mejelle, is the code of Islamic civil transactions which was prepared under the auspices of the Ottoman Caliphate. This code was established based on the Ḥanafī School of Islamic law. However, people, who follow other than the Ḥanafī School, are r...
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Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
2020
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Subjects: | |
Online Access: | http://eprints.unisza.edu.my/7597/1/FH02-FPP-20-50008.pdf http://eprints.unisza.edu.my/7597/ |
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Summary: | The Majallat al-Aḥkām al-‘Adliyyah, known as the Mejelle, is the
code of Islamic civil transactions which was prepared under the
auspices of the Ottoman Caliphate. This code was established
based on the Ḥanafī School of Islamic law. However, people, who
follow other than the Ḥanafī School, are reluctant to rely on the
Mejelle even though they are interested to know the stands of their
respective School of Islamic law on the articles of the Mejelle. Thus,
considering the importance and relevance of Salam contract to
the contemporary context, the paper attempts to conduct a juristic
evaluation of the articles of the Mejelle on salam contract along
with an investigation of its contemporary applications. Salam is
a sale contract in which the commodity’s delivery is deferred until
a defined period, while the buyer must settle the payment upon
the contract’s conclusion. Although the general principle says
that sale of something which is not possessed and not present
is not permissible, salam contract is made valid as an exception
from this, considering the need of the people. The study follows
a qualitative approach and uses the content analysis method to achieve the objectives. For data source and analysis, the study
consults with related classical and contemporary literature. The
study finds that in general, the articles of the Mejelle on salam
contract conform to the prominent Schools of Islamic law. Among
the notable contemporary applications of salam contract are
salam financing, parallel salam, salam ṣukūk, salam in short
selling, and so forth. |
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