The prohibition of Maisir or Qimar arises from the premise that the agreement between the parties involves certain immoral and undue benefits based on false hopes in the contract.
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Q19: The underlying principle regulating profits in business
Q20: Quasi contracts can sometimes be enforceable but
Q21: The rationale behind the prohibition of any
Q22: The four elements of a valid contract
Q23: A contract may be considered deficient if
Q25: Riba al-nasi'ah relates to loan trade and
Q26: There is no contradiction between Islam's strong
Q27: Unlawful earnings involves:
A) excessive gains in business
Q28: The majority of jurists and Muslims believe
Q29: Which one of the following statements regarding
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