Shaykh Muḥammad Taqī Shahīdī Archives - Tolou International Institute

Advanced Course on New Contracts (al-ʿUqūd al-Mustaḥditha)

Jurisprudential issues are traditionally divided into acts of worship and transactions. The first category includes acts like prayer and fasting, while the second category involves commercial transactions. New contracts, known as “al-ʿuqūd al-mustaḥditha,” have emerged due to evolving transactions. These contracts, such as insurance, Islamic banking, and stock exchange, are important in today’s economy. In a specific course on goodwill, or “sarquflī,” taught by Shaykh Muḥammad Taqī Shahīdī, the definition, background, legitimacy, and conditions of the sarquflī contract are discussed.