The Banking Application of the Investment Agency Contract in Bank Nizwa in the Sultanate of Oman: An Analytical Juristic Study

التطبيق المصرفي لعقد الوكالة بالاستثمار في بنك نزوى بسلطنة عمان: دراسة فقهية تحليلية

Authors

  • Said Salim Said Alsinani Phd in Fiqh & Usul al-Fiqh, International Islamic University Malaysia & Officer, Ministry of Islamic Affairs, Sultanate of Oman

Keywords:

Investment Agency, Islamic Legal Study, Bank Nizwa

Abstract

This research focuses on the investment agency contract at Bank Nizwa in the Sultanate of Oman. The researcher touches briefly on the nature of the investment agency, its jurisprudential adaptation, and its most important provisions in Islamic law. The leading and first Islamic bank in the Sultanate of Oman is Bank Nizwa, where the researcher sheds light on studying the terms and conditions included in this contract, and the extent of its compliance with the Sharīʿah guideliness. The researcher uses the inductive and analytical methods for this study. He concludes at the end of the study that the investment agency contract in Bank Nizwa is a valid contract that fulfills the conditions and pillars of the investment agency contract.

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Published

31-07-2021

How to Cite

Salim Said Alsinani, S. (2021). The Banking Application of the Investment Agency Contract in Bank Nizwa in the Sultanate of Oman: An Analytical Juristic Study: التطبيق المصرفي لعقد الوكالة بالاستثمار في بنك نزوى بسلطنة عمان: دراسة فقهية تحليلية. International Journal of Fiqh and Usul Al-Fiqh Studies, 5(2), 39–57. Retrieved from https://journals.iium.edu.my/al-fiqh/index.php/al-fiqh/article/view/241

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