Mohd Noor, Mohd Murshidi and Suliaman, Ishak and Ahmad, Khadher and Deraman, Fauzi and Abdullah, Mustaffa and Ahmad Shah, Faisal and Mohd Yusof, Mohd Yakub Zulkifli and Abd Razzak, Monika Munirah and Meftah, Jilani Touhami and Ariffin, Sedek and Kasar, Ahmad K. and Mohd Nor, Mohd Roslan (2013) The rights of Khiyar (option) in the issue of consumerism in Malaysia. Middle-East Journal of Scientific Research, 13 (2). pp. 154-161. ISSN 1990-9233

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Abstract

Khiyar or option is the right given to buyers and sellers whether to continue or to cancel their transactions. The objective of this article is to analyse the types of khiyar and to uncover its applications in the right of consumerism. In addition, this article analysed the connection between Contracts Act 1950 and Consumer Protection Act 1990 with the elements of khiyar that contain the rights of salesman and purchasers. The methodology applied in this research is the comparative method that comparatively study between the laws of Islam in khiyar and the acts related to the right of consumerism. The research discovers that khiyar al-'ayb (option due to deffects) can be applied due to its applicability with the existing laws in Malaysia. The research suggests that the concept of khiyar in Islamic law need to be applied into the existing law in Malaysia in order to preserve the interest for both consumers and sellers

Item Type:	Article
Uncontrolled Keywords:	Consumerism; Khiyar; Muamalah; Option
Subjects:	H Social Sciences > HB Economic Theory
Divisions:	Islamic Business School
Depositing User:	Mdm. Sarkina Mat Saad @ Shaari
Date Deposited:	12 Oct 2024 07:28
Last Modified:	12 Oct 2024 07:28
URI:	https://repo.uum.edu.my/id/eprint/31388

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