E-COMMERCE is the buying and selling of goods and services on the Internet, here its vey important to highlight the fast growht of the influence of the media as a channel to make effective, the commerce and the communication within all the population of the world thanks to the globalization process, with a main purpose: be updated.
But, How does this commerce is manage all over the world? as we know the muslim culture its a very religion rooted one, and this, force the e commerce activity to be within the muslim parameters. The Quoran is the holy book, it contains all their normativity and regulates most of their life aspects and sometimes difficults the adaptation to the worlds new system.
Under the Syariah (Islamic Law) this practice its allowed saying that its a new way of technology that facilitates economic transactions and another fundamental thing its that “contract in E-Commerce is legitimate because all the four pillars of Islamic contract are fulfilled”, making special emphasis on the harmful issue imposing that if it could be harmful for the parties the practice or transaction could not be done. it also has five stages to gain validity: initiate the contract (offer and acceptance), confirm the validity (free of interest), implement, binding (buyer must verify the company before signing and should keep a copy of the contract), delivery(can not use credit card).
But, How does this commerce is manage all over the world? as we know the muslim culture its a very religion rooted one, and this, force the e commerce activity to be within the muslim parameters. The Quoran is the holy book, it contains all their normativity and regulates most of their life aspects and sometimes difficults the adaptation to the worlds new system.
Under the Syariah (Islamic Law) this practice its allowed saying that its a new way of technology that facilitates economic transactions and another fundamental thing its that “contract in E-Commerce is legitimate because all the four pillars of Islamic contract are fulfilled”, making special emphasis on the harmful issue imposing that if it could be harmful for the parties the practice or transaction could not be done. it also has five stages to gain validity: initiate the contract (offer and acceptance), confirm the validity (free of interest), implement, binding (buyer must verify the company before signing and should keep a copy of the contract), delivery(can not use credit card).
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