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- W59143125 abstract "The use of internet as a medium of communication or the trend ofcyberspace contracting has widened the scope of contract formation. As theworld of electronic commerce expands there is an increasing demand forclarity in the rules which apply to the participants and their transactions.Uncertainties that exist on many legal issues arise out of the online contractsuch as when or where the offer and acceptance is made, when the contractis concluded, whether agreements entered into electronically are enforceableand whether the display of goods in the web is considered as offer or not etc.Under Common law itself even though there are established rules regardingthe online contract there are still a few unsettled issues regarding the onlinecontract mainly because a standard international law governing the onlinecontract is yet to be found. This is due to the fact that online contracts revolvearound cross border transactions or the contract is beyond the jurisdictions of the respective countries. Therefore there is a great need for a standardinternational law.Under lslamic Law there are several areas of uncertainty which will havesignificantimpacts on electronic contracting according to Shariah. The mainareas are the issues of Majlis Aqad (Unity of Session). This is considered asa very fundamental issue especially in the online contract which implies thenon physical presence of the parties. Similarly, Khiyar (Options) which isavailable to parties contracting inter presente will be an issue in the onlinecontract. In fact if certain fundamental issues in the online contract are notresolved, then the dominance entry of the principles of gharar (uncertainty)will apply which will make online contracts-in lslamic Shariah not feasible . Allother relevant areas to the online contract are discussed such as the issue ofcapacity and the doctrine of mistake (ghalaf).Therefore the study aims to review some of these fundamental notions andthe formation of online contracts not only in Shariah law but also in CommonLaw, to achieve an acceptable degree of certainty that will enable thepractice of online contract especially in Shariah. Furthermore, it is hoped thatmore practical principles of law governing the online contract can beestablished and be made applicable to all parties to the online contract" @default.
- W59143125 created "2016-06-24" @default.
- W59143125 creator A5019790970 @default.
- W59143125 date "2007-09-01" @default.
- W59143125 modified "2023-09-27" @default.
- W59143125 title "Formation of Contract in the Internet Under Islamic Law" @default.
- W59143125 hasPublicationYear "2007" @default.
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