Fiqh Muamalat II

What is the literal meaning of Al-Wakalah?

• Delegation, commision, preservation

• Cooperation, agency, investment

• Agreement, contract, dissolution

• Protection, delegation, nullification

According to Al-Shafi'iyyah, which of the following is a requirement for Al-Wakalah?

• The principal must have legal capacity

• Both parties must be living

• The agent must not charge a fee

• The subject matter must be a financial transaction

Which of the following rulings makes Al-Wakalah mandatory (wajib)?

• Helping others perform permissible acts

• Assisting with obligatory deeds

• Assisting with reprehensible deeds

• Avoiding contractual breaches

Which type of Wakalah involves unrestricted authority?

• Wakalah Mutlaqah

• Wakalah Khassah

• Wakalah Muqayyadah

• Wakalah Bi Al-Istithmar

Al-Wakalah is considered haram if it involves helping others carry out prohibited deeds.

• True

• False

A principal can terminate a Wakalah contract at any time without reason.

• True

• False

The Quran supports the concept of Al-Wakalah as shown in verse like Al-Kahf (18:19).

• True

• False

An agent can always delegate their tasks to a third party without the principal's approval.

• True

• False

What is the literal meaning of Al-Kafalah?

• Guarantee, security, warranty, bail

• Contract, agreement, delegation

• Charity, assistance, aid

• Protection, preservation, obigation

Which of the following describes the technical meaning of Al-Kafalah?

• A contract to ensure the delivery of a subject matter

• A promise to conjoin the liability of another party

• A charitable contract involving commitment or liability

• All of those three