Overview

Shari


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From the word shira, which means “sell,” “vend,” or “buy.” Shari (also occurs in legal sources as mushtari) in classical legal usage refers to the seller or buyer. In modern legal usage it always refers to the buyer. The legal discourses focus on the warranties, options, and rights that accrue to the benefit of the buyer. Generally the risk of loss remains with the seller until the buyer takes possession. According to the majority view, the buyer has the right to inspect the object of a contract and enjoys an implied warranty of merchantability.

Subjects: Islam.


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