Document Details

Document Type : Article In Journal 
Document Title :
Reciprocal Loans
القروض المتبادلة
 
Subject : Comments 
Document Language : English 
Abstract : The reciprocal loan simply means that in return for a loan for a specific period, the lender receives an equivalent amount of loan for a similar period of time. Some contemporary scholars believe that reciprocal loans are legitimate, if they are not tied , that is if the lending of one loan does not depend on the lending of the other. But they stipulated that tying could take place through a promise or a memorandom of understanding . The loan is granted without the above stipulation , but an understanding may take place apart from the contract . This constitutes an illegitimate manouver around proper contracting , since what is unlawful in contract is also unlawful in promise or collusion , even if not binding , let alone when binding . 
ISSN : 1018-7383 
Journal Name : Islamic Economics Journal 
Volume : 14 
Issue Number : 1 
Publishing Year : 1422 AH
2002 AD 
Number Of Pages : 5 
Article Type : Article 
Added Date : Sunday, October 11, 2009 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
رفيق يونس المصري RAFIC YUNES AL- MASRIResearcher  

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