Exit and its contemporary applications in light of AAOIFI’s Sharia standards

Abstract

In our time ,financial contracts have been developed that have the characteristics of complexity, composition and agglomeration, unless it was in the advanced contracts. This resulted in an overlap in contracts and problems in dealing, which necessitated finding solutions and exits. By researchers and competent bodies; Including the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) ,and the jurisprudence of these was not in isolation from the old jurisprudence and the jurisprudence of the early ones . example; Under the title: " Exclusion and its Contemporary Applications in the Light of AAOIFI's Shari'a Standards," through two topics; As for the first topic, it included the definition of AAOIFI and its legal standards, as it is the study document, with a statement of the reality of exit through the manifestation of its concept, and stated its legitimacy, importance and related words, and then access to its jurisprudential adaptation. As for the second topic, the researcher focused on contemporary applications of exit. And the magazines of its employment within the emerging financial contracts, and based on the Sharia standards of AAOIFI, the most important jurisprudential provisions of the exit contract were extracted, and the controls and principles governing it were revealed.