Electronic Commerce in Islamic Law (Paperback)

The adoption of the World Wide Web in conducting commercial activities has given rise to many legal issues; one being online contacts. Concerns have risen to question the aptness pertaining to existing commercial rules/laws. This book attempts to mitigate such concerns primarily from Islamic legal perspective. What needs to be born in mind is that Islamic law must be followed on every aspect of life including business. The often quoted 'Islamic law is relevant for all time and places' might be challenged with the rapid development of technology in the recent times and especially with the invention of the Internet. The Islamic commercial law was developed a long time ago; hence, the possible application of it to accommodate the complex nature of conducting commercial activities over the internet is questionable. This work is an attempt to discuss whether the rules of Islamic law are aptly competent to fit in the electronic contract in a way that is consistent with the development of electronic commerce globally.