Financial Contracts of Islam

Religious commitments means:

• When a human being obligates himself before Almighty Allah.

• Related to personal status law, international treaties and contracts, scientific contracts est.

• All answers are correct.

• Praying five times a day.

Social commitments means:

• Related to personal status law, international treaties and contracts, scientific contracts, financial contracts and other kinds of contracts.

• which a human being obligates himself before Almighty Allah.

• All answers are correct.

• No answers is correct.

Example of international contract :

• Truce

• Vow

• Scholarship

• Sale

Example of financial contract is:

• Oath

• Renting

• Marriage

• Scholarship

Formulation of offer and acceptance in any contract has to be:

• Clear

• Understood

• Customary way such as by modern communication means in concluding contracts.

• All answers are correct.