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Business Law & Ethics Revision Points - Coggle Diagram
Business Law & Ethics Revision Points
The main differences between law and ethics
How law & Ethics influence
business decision-making.
the purposes and functions of law in a business environment.
principle of permissibility (Al-Ibahah) in Islamic Commercial Law
Riba’ and explain its types and economic implications.
principle of permissibility (Al-Ibahah) its
implications for modern business.
the essential conditions for a valid Murabahah sale
Why MURABAH
popular in Islamic banking
when and why state intervention becomes necessary in Islamic markets.
Compare and Contrast Ijarah (lease) and I’arah (loan of use) contracts in Islamic
jurisprudence.
main purpose of law in business
primary sources of Shariah
The concept of Riba al-Fadl
Murabahah contract is classified
The meaning of Gharar in a contract
Maysir refers
Salam contract
Terms Riba , Gharar ,Maysir , Salam & Ijara
Business Law
Pillars (Arkā n) of Sale
Unethical Practices in Sale
Trust Sales (Buyu’ al-Amanah)
Reasons for the Popularity of Murabahah / BBA
Conditions of a Valid Murabahah Sale
Types of Ijarah Contract Contract of Employment (Ijarah al-A‘mal) Contract of Lease
or Rent (Ijarah al-A‘yan)
Termination of Ijarah Contract
Essential Elements (Pillars) of Ja‘ā lah
Termination of the I‘ā rah Contract