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The Concepts of Hibah and Wadi’ah

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Presentation on theme: "The Concepts of Hibah and Wadi’ah"— Presentation transcript:

1 The Concepts of Hibah and Wadi’ah
GE20603 FIQH MUAMALAT

2 Copyright Reserved 2011 Mohd Zulkifli Muhammad
Contents Hibah (a) Definition (b) Arkan of Hibah (c) The Condition of Hibah (d) The Types of Acceptance (e) Impediments to take back the subject matter of Hibah 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

3 Copyright Reserved 2011 Mohd Zulkifli Muhammad
Contents 2) Wadiah (a) Definition (b) Hukm (c) Arkan of Wadiah (d) The Conditions of Wadiah (e) Hukm Aqad (f) Circumstances of Wadi’ah that causes a ‘guarantee’ (g) Wadi’ah: Others Hukm 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

4 Copyright Reserved 2011 Mohd Zulkifli Muhammad
The Concepts of Hibah GIFT (HIBAH) Definition= Lughah: an Arabic term, derived from the word 'habubah', which literally means 'passing' or 'blowing' Istilah: one's wealth to others without the expectation of any replacement or exchange with the transferring effect on the ownership include gift and benevolence/alms What the differences between gift and benevolence/alms? Hukm= sunat* *refer to: Surah al-Nisa’:4, al-Baqarah:177 and al-Maidah:2. Prophet S.A.W: "Give each other and love each other". 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

5 Copyright Reserved 2011 Mohd Zulkifli Muhammad
The Concepts of Hibah Arkan of Gift (Hibah) 1) Sighah al- ‘Aqd (Offer and Acceptance) 2) The Parties 3) The Subject Matter 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

6 Copyright Reserved 2011 Mohd Zulkifli Muhammad
The Concepts of Hibah The conditions of Hibah The subject matter must exist The subject matter must Halal Owned by the party that offer the Hibah Legal capacity of the parties Must be accepted by the other party The subject matter in a good condition 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

7 Copyright Reserved 2011 Mohd Zulkifli Muhammad
The Concepts of Hibah 7) Legal to transacted 8) There is no limitation in terms of time 9) Completing of Hibah 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

8 Copyright Reserved 2011 Mohd Zulkifli Muhammad
The Concepts of Hibah The types of acceptance Acceptance through origin method Acceptance through Wakalah * Hibah must be without substitution 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

9 Copyright Reserved 2011 Mohd Zulkifli Muhammad
The Concepts of Hibah Impediments to take back the subject matter of Hibah Substitute before finish the Hibah meeting Substitute after finish the Hibah meeting 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

10 The Concepts of Wadi’ah
Definition= Deposit, trust. Technically a contract whereby a person leaves valuables as a trust for safe-keeping. Hukm: Sunat* Refer to: Surah al-Nisa’:58, al-Baqarah:283 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

11 The Concepts of Wadi’ah
Arkan of Wadi’ah 1) The contracting parties 2) Wadi’ah 3) Sighah al- ‘Aqd (Offer and Acceptance) The conditions of Wadi’ah 1) The contracting parties: mumaiyyiz, puberty and mature 2) Wadi’ah: can be delivered 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

12 The Concepts of Wadi’ah
Hukm of ‘Aqd: compulsory to protect the subject matter owned by Ijab party * Wadi’ah of 2 person to one custodian * Wadi’ah of 1 person to 2 custodians How to Protect the Wadi’ah 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

13 The Concepts of Wadi’ah
Wadi’ah: is it a property legally entrusted to someone with instructions for its use (trust) or ensure to make safe or certain/give or be a guarantee of or to (guarantee)? 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

14 The Concepts of Wadi’ah
Circumstances of Wadi’ah that causes a ‘guarantee’: Custodian fail to take proper care of Wadi’ah (neglecting) Leave out the Wadi’ah to someone else (not in him/her supervision) Using of Wadi’ah Travelling with Wadi’ah Mixing Wadi’ah with something else 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

15 The Concepts of Wadi’ah
Wadi’ah: Others Hukm Transacting the Wadi’ah Loaning the Wadi’ah Differences in Wadi’ah Claiming a fee in protecting the Wadi’ah (custodian) Contradicting the Wadi’ah 7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad

16 THANK YOU VERY MUCH FOR YOUR ATTENTION
7/4/2018 Copyright Reserved 2011 Mohd Zulkifli Muhammad


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