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What is Understanding Jual Janji Transactions about?

Jual janji is a land transaction under Malay Customary Law where a vendor sells land to a purchaser with a promise to buy it back at the same price, avoiding interest or profit. This practice aims to assist the needy and prevent exploitation, while also aligning with Islamic prohibitions against usury. The document discusses the legal implications, types, characteristics, and court attitudes towards jual janji, emphasizing the need for a better understanding and support for this transaction in the future.

Author

Muhamad Fadzil

Language

EN