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: 2013. 10. 30. / : 2013. 11. 30. / : 2013. 12. 10.

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2) <http://en.wikipedia.org/wiki/Islam_by_country>(2013.7.8 ).

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2013.2, 143-144 .

4) See Nabil Saleh, “How will the Sharia influence Middle East contract law over the next 20 years?”, 24 No. 7 Middle E. Executive Rep. 9, West page 3 (July 2001);

( ), , , 2011, 393-425 .

5) (Sunni) (Shiites) .

4 , (Hannafi), (Maliki), (Shaffi) (Hanbali)

.

, 3 1 . Lu'ayy

Minwer Al-Rimawi, “Relevance of Shari'a in Arab Securities Regulation with Particular Emphasis on Jordan as an Arab Regulatory Model”, 27(8) Comp. Law. 227, 229 (2006);

( ), - -, , 2012, 496-501 .

6) See Nabil Saleh, supra note 4, p.4-5(Westlaw pages); Chibli Mallat, Introduction to Middle Eastern Law, Oxford University Press, 2007, p.239-243: 1869

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8) (al Aqd) , ‘ (obligation)' ‘

(tie)' . see Abdur Rahman I. Doi, Sharia: The Islamic Law, A.S. Noordeen Publisher, 2011, p.355.

9) 1804 1134

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. see Jacqueline McCormack, “Commercial contracts in Muslim countries of the Middle East: A comparison with the United States”, 37 Int'l J. Legal Info. 1, 13 (Spring 2009).

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11) Fatima Akaddaf, “Application of the United Nations Convention on Contracts for the International Sale of Goods (CISG) to Arab Islamic Countries: Is the CISG Compatible with Islamic Law Principles?”, 13 Pace Int'l L. Rev. 1, 21-22 (2001), p.25-26

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16) See Abdur Rahman I. Doi, supra note 8, p.357; , ( 7), 173-174 .

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19) See Fatima Akaddaf, supra note 11, p.28; Nabil Saleh, “Remedies for breach of contract under Islamic and Arab laws”, 4 Arab L. Q. 269, 270 (1989).

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. Hesham M. Sharawy, “Understanding the Islamic prohibition of interests: A guide to aid economic cooperation between the Islamic and western worlds”, 29 Ga. J. Int'l & Comp. L. 153, 161 (2000); , “

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21) See C. G. Weeramantry, Islamic Jurisprudence -An Internatonal Perspective, St. Martin's Press, 1988, p.66.

22) See Hussein Hassan, “Contracts in Islamic Law: The Principles of Commutative Justice and Liberality”, 13:3 Journal of Islamic Studies, 257, 288 (2002).

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24) See Raj Bhala, Islamic law(Sharia), LexisNexis, 2011, p.542.

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41) See Raj Bhala, supra note 24, p.585; Joseph Schacht, supra note 32, p.152.

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43) See Jamila Hussain, Islamic Law and Society -An Introduction, Annandale (New South Wales, Australia: The Federation Press), 1999. p.172

44) (shart) ‘ ’ ‘ ’ . see Raj Bhala, supra

note 24, p.586.

45) See Chibli Mallat, supra note 6, p.280.

46) Joseph Schacht, supra note 32, p.153:

. id.; see Mohd. Masum Billah, “Caveat Emptor versus Khiyar al-Aib: A Dichotomy”, 13 Arab L. Quarterly 278 (Feb. 1998).

47)

. see Joseph Schacht, supra note 32, p.153.

48) (Majlis) (meeting) (session) . see Raj

Bhala, supra note 24, p.586.

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49) See Nabil Saleh, “Freedom of contract: What does it mean in the context of Arab laws?”, 16 Arab Law Quarterly 346, 348 (2001); Chibli Mallat, supra note 6, p.280.

50) See Jamila Hussain, supra note 43, p.172 51)

, . see Nabil Saleh, supra

note 49, p.348; (Malik)

. (Kamali)

, “ -

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. Mohammad Hashim Kamali, Shariah Law: An Introduction, Oneworld Publication, 2008, p.74.

.

. Abdur Rahman I. Doi, supra note 8, p.560-561; Mohammad Hashim Kamali, id., p.74.

53) See Joseph Schacht, supra note 32, p.152; Chibli Mallat, supra note 6, p.280.

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54) See Chibli Mallat, supra note 6, p.280 note 224.

55) (caveat emptor)

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56) See Jamila Hussain, supra note 43, p.172.

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58) CISG 45 .

59) See Raj Bhala, supra note 24, p.589; , , 1295 . 60) See Raj Bhala, supra note 24, p.589.

61) (liquidated-damages clause) ‘liquidated’

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” . Bryan A. Garner, ED., Black's Law Dictionary, West Publication, 2009, p.1014.

. see id., p.1015.

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62) See id., p.1015.

64) See Joseph Schacht, supra note 32, p.153.

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65) Bryan A. Garner, ED., supra note 61, p.1529.

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71) See Bryan A. Garner, ED., supra note 55, p.1529.

73) See Schacht, supra note 32, p.197.

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. see Raj Bhala, supra note 24, p.592.

75) Jamila Hussain, supra note 43, p.173.

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82) See Bryan A. Garner, ED., supra note 55, p.1376.

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83) See Nabil Saleh, supra note 19, p.282.

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, ( I), , 2007

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, ( IV), , 2005

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1 ), 2013.3

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( ), , ,

2011

( ), - -, , 2012

Abdur Rahman I. Doi, Sharia: The Islamic Law, A.S. Noordeen Publisher, 2011 Bryan A. Garner, ED., Black's Law Dictionary, West Publication, 2009

C. G. Weeramantry, Islamic Jurisprudence -An Internatonal Perspective, St.

Martin's Press, 1988

Chibli Mallat, Introduction to Middle Eastern Law, Oxford University Press, 2007 Fatima Akaddaf, Application of the United Nations Convention on Contracts for

the International Sale of Goods (CISG) to Arab Islamic Countries: Is the

CISG Compatible with Islamic Law Principles?, 13 Pace Int'l L. Rev. 1

(25)

Hesham M. Sharawy, Understanding the Islamic prohibition of interests: A guide to aid economic cooperation between the Islamic and western worlds, 29 Ga. J. Int'l & Comp. L. 153 (2000)

Hussein Hassan, Contracts in Islamic Law: The Principles of Commutative Justice and Liberality, 13:3 Journal of Islamic Studies, 257 (2002)

Jacqueline McCormack, Commercial contracts in Muslim countries of the Middle East: A comparison with the United States, 37 Int'l J. Legal Info. 1 (Spring 2009)

Jamila Hussain, Islamic Law and Society -An Introduction, Annandale (New South Wales, Australia: The Federation Press), 1999

Joseph Schacht, An Introduction to Islamic Law, Oxford University Press, 1982, Lu'ayy Minwer Al-Rimawi, Relevance of Shari'a in Arab Securities Regulation

with Particular Emphasis on Jordan as an Arab Regulatory Model, 27(8) Comp. Law. 227 (2006)

Mohd. Masum Billah, Caveat Emptor versus Khiyar al-Aib: A Dichotomy, 13 Arab L. Quarterly 278 (Feb. 1998)

Mohammad Hashim Kamali, Shariah Law: An Introduction, Oneworld Publication, 2008

Nabil Saleh, Remedies for breach of contract under Islamic and Arab laws, 4 Arab L. Q. 269 (1989)

Nabil Saleh, How will the Sharia influence Middle East contract law over the next 20 years?, 24 No. 7 Middle E. Executive Rep. 9 (July 2001) Nabil Saleh, Freedom of contract: What does it mean in the context of Arab laws?,

16 Arab Law Quarterly 346 (2001)

Raj Bhala, Islamic law(Sharia), LexisNexis, 2011

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Journal of Legislation Research / 45th Issue

Study on the Remedies for Breach of Contract under Islamic Law

Sohn, Tae-Woo

^*

Kim, Bun-Tae

^*⁸⁷⁾^*

Islamic law deserves to be one of the world's largest legal system along with common law and civil law because of its history and academic resources. As the rapid globalization and huge international investment into Muslim countries, it is quite important for us to understand Islamic contract laws, especially the remedies in the breach of contract under Islamic law.

In Muslim society, Islamic law(Sharia) has a big impact on all aspects of life, including commercial transactions and any types of contracts. Islamic contract law basically adopts an unilateral way for the remedies in the cases of non-performance of a contract obligation and breach of its warranty just like the common law system and CISG(United Nations Convention on Contracts for the International Sale of Goods). The right of rescission (khiyar) is a common tool for contracting parties to seek to unwind their deal before full performance of the obligations specified in the contract. There are also different kinds of rescission, such as khiyar al shart, khiyar al aib, khiyar al majlis, khiyar al ruya, and khiyar al wasf, under Sharia. Monetary damages are an important contractual remedy in both the Western and Islamic legal system. However, a main difference between them is that there are damages that an aggrieved party obtains without judicial intervention, and damages that can be had only through an adjudicatory order.

Another remedy available to contracting parties under the Sharia concerns performance. Specific performance is an alternative to monetary damages when a judge finds that the latter will not work. There are other remedies for breach of contract under Sharia. For example, one way is for contracting parties to terminate their arrangement by mutual agreement as well as by unilateral way in the situation of duress, undue influence, fraud, frustration or undue burden.

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: I

Note that imprisonment is among the remedies in cases involving contractual

obligations or property under Sharia.

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