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CONTRACT (AL-'AQD), Contract that cannot be terminated unilaterally…
CONTRACT (AL-'AQD)
DEFINITION
al-shadd, al-rabt: fastening, attaching/tying accordingly
A connection between an offer n an acceptance in a lawful manner which has its effect on the subject matter
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Contract that cannot be terminated unilaterally except with the mutual agreement of both contracting parties
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such as:
1-rahn is not binding on the pledgee (murtahin) but only binding on the pledger (al-rahin).
2-kafalah is not binding on the beneficiary (makful lah) but only binding on the guarantor (kafil)
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