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What is Understanding Hibah in Islamic Banking about?

This document defines hibah under Islamic law and discusses its key aspects. Hibah refers to the voluntary and uncompensated transfer of ownership of an asset from a donor to a beneficiary. It outlines the definition, evidence from the Quran and hadith, pillars (donor, beneficiary, gift), conditions (donor and beneficiary requirements, object qualifications), issues (revocation, compensation), and modern applications (banking, insurance). Hibah allows donors to determine asset distribution without compensat

Author

Mahyuddin Khalid

Language

EN