Islamic Finance

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The Various Khiyars

1. Khīyār al-Sharṭ (Conditioned Option) Details Regarding the Time Period: Impact on Ownership and Liability: 2. Khīyār al-Ru’yah (Option of Inspection) Nature of Inspection: Key Principles: 3. Khīyār al-‘Ayb (Option of Defect) Key Principles: Definition of Defect:
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