The second expression of willingness coming from the other party is termed acceptance ( qabul )

Which one of the following is the condition of Offer and Acceptance

A lunatic person or a prodigal (safih) cannot conclude a sale contract.

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Which one is NOT the condition of subject matter?

Not valid if the subject matter is sold for a limited time

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Promise (wa'ad) means make an offer to sell a certain item in the future or an acceptance to purchase it in the future

Najash means a sale of exchange in which fruits of unspecified weight were sold in bulk for a definite weight, measure, or number

The state should not interfere in the process of price determination even though market equilibrium could be disturbed by hoarding and monopolies

During festivals or famine, there could be attempts to hoard essential commodities. In such case, public interest demands that the state interfere in the market in order to fix the prices of essential items.

Customer purchases the right that entitles him to purchase the property within a specified duration

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Bay’ al-enah (Repurchase Sale) is a fictitious sale contract

The Shariah Advisory Council of the Security Commission concluded that bay’ al-dayn (The Sale of Debt) can be used if there is a regulatory system that protects the buyer and mitigates his risks, and prevent gharar and the opportunities for fraud.