Aspects of the Insurance Contract Gharar

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Abstract:
One of the conditions of validity of a contract, is lack of gharar. Gharar is not permissible for one or both sides, otherwise the transaction will be canceled. because religious teaching prohibit us from gharar. Insurance is a legal, independent and binding contract that possibility of gharar in this contract exists. because it may not be safe from harm to parties of contract. In this paper we consider the fact that wether there is the possibility of gharar in contract of insurance or not and what is situations of gharar. One of the conditions of validity of a contract, is lack of gharar. Gharar is not permissible for one or both sides, otherwise the transaction will be canceled. because religious teaching prohibit us from gharar. Insurance is a legal, independent and binding contract that possibility of gharar in this contract exists. because it may not be safe from harm to parties of contract. In this paper we consider the fact that wether there is the possibility of gharar in contract of insurance or not and what is situations of gharar
Language:
Persian
Published:
Islamic Law Research Journal, Volume:15 Issue: 40, 2015
Pages:
101 to 132
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