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  Introduction to Islamic Banking
  Guide To Islamic Banking
     » Chapter 1 The Islamic Economic System
     » Chapter 2 Factors of production in Islam
     » Chapter 3 The objectives of the distribution of wealth in Islam
     » Chapter 4 Riba in the Qur'an
     » Chapter 5 Riba in Hadith
     » Chapter 6 Riba and its types
     » Chapter 7 Commercial interest and usury
     » Chapter 8 Simple and compound interest
     » Chapter 9 Islamic contract
     » Chapter 10 Sale
     » Chapter 11 Valid Sale
     » Chapter 12 Five khiyars
     » Chapter 13 Musharakah
     » Chapter 14 Mudarabah
     » Chapter 15 Diminishing Musharakah
     » Chapter 16 Murabaha
     » Chapter 17 - Salam
     » Chapter 18 Istisna'
     » Chapter 19 Istijrar
     » Chapter 20 Ijarah (Leasing)
     » Chapter 21 Ijarah Wa Iqtina
     » Chapter 22 The features of a conventional Bank
     » Chapter 23 Musharakah in bank deposit
     » Chapter 24 Project financing
     » Chapter 25 Working capital financing
     » Chapter 26 Import financing
     » Chapter 27 Export financing
     » Chapter 28 Securitization
     » Chapter 29 Islamic Investment Funds
     » Chapter 30 The principle of limited liability
     
Chapter 11 Valid Sale
Sale (Bai) is commonly defined in shari'ah as "the exchange of a thing of value by another thing of value with mutual consent". More specifically it means "the sale of a commodity in exchange of cash"
 
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