Cancellation of a sale

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What is Iqaala (cancellation of a sale)? What is the Shar`i law regarding it?

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Asked on June 12, 2008 12:00 am
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Cancellation is to rescind a contract already concluded between a buyer and seller. This is permissible, if both parties are consenting and the original price is returned (Kitaabul Buyoo).

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Answered on June 12, 2008 12:00 am