Bankruptcy in Ja’farī Jurisprudence

Heshmatollah Samavati

doi:10.48203/siader.811434

EN TR

Bankruptcy in Ja’farī Jurisprudence

Abstract

The study examines bankruptcy in Islam from the perspective of the Ja'farī school of jurisprudence. To this end, it first describes the meaning of the term ‘iflās’ (bankruptcy). Then, considering the connection between ‘i’sār’ (insolvency) and iflās, the article elucidates the relationship between iflās and i’sār as well as the differences between them. However, the main issues the paper deals with are the conditions required for the issuance of the bankruptcy judgment and its effects on the debtor and the creditors. Meanwhile, it seeks to show that the provisions of Islamic and Shiite bankruptcy laws are debtor-friendly. Moreover, the article explores the Shiite resources in order to demonstrate the similarities between Islamic bankruptcy and the prevailing laws in Western countries.

Keywords

Islamic Law , Ja’fari Jurisprudence , iflās , i’sār , bankruptcy , Shiite law

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Details

Primary Language

English

Subjects

Religious Studies

Journal Section

Research Article

Authors

Heshmatollah Samavati ^*
0000-0003-0823-5122
United Arab Emirates

Publication Date

December 31, 2020

Submission Date

October 16, 2020

Acceptance Date

December 22, 2020

Published in Issue

Year 2020 Volume: 2 Number: 2

DOI

https://doi.org/10.48203/siader.811434

IZ

https://izlik.org/JA45BR29KR

ISNAD

Samavati, Heshmatollah. “Bankruptcy in Ja’farī Jurisprudence”. Turkish Journal of Shiite Studies 2/2 (December 1, 2020): 203-220. https://doi.org/10.48203/siader.811434.

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https://doi.org/10.1108/JIABR-01-2023-0004

This work is licensed under a Attribution-NonCommercial 4.0 International (CC BY-NC 4.0).

Bankruptcy in Ja’farī Jurisprudence

Bankruptcy in Ja’farī Jurisprudence

Abstract

Keywords

Caferî Hukukunda İflas

Öz

Anahtar Kelimeler

References

Details

Primary Language

Subjects

Journal Section

Authors

Publication Date

Submission Date

Acceptance Date

Published in Issue

DOI

IZ

Cite

Cited By

The role of zakat distribution on the sustainability of gharimin (genuine debtors) in Islamic financial institutions in Malaysia