Tuesday, April 22, 2014

Fiqh 1-Classification of Property

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CLASSIFICATION OF PROPERTY
VALUABLE AND NON-VALUABLE
MOVABLE AND IMMOVABLE
SIMILAR AND DISSIMILAR
USABLE AND PERISHABLE
DEFINITION
VALUABLE
-Valuable property includes altogether permissible things that are possessed and secured

NON VALUABLE
- Non Valuable property includes wholly those things which are prohibited through Shariah
MOVABLE
- Movable property is a property that can be moved from one place to a different

IMMOVABLE
- Immovable property is a property that is permanently fixed to the disembark, is immovable. 
SIMILAR
-Homogenous property that granting that it happens to perish, we can replace with something similar or alike with it. We can find this property by the same market value. This properties are sold ~ dint of. unit of weight (gram), by metric gauge (liter), by measurement (meter) or ~ means of numbers (dozens)

DISSIMILAR
- Non homogenous property that has no subtitudes in the place of traffic. If it has subtitudes, the mart value is still different.
USABLE
-Property that demise remain even after it is used

PERISHABLE 
-Property that cannot survive after it has been consumed or used. Perishable properties are homogenous properties principally of the time.
CONSEQUENCES
NON VALUABLE
- It considers the permissibility of  subject indefinite amount of the property. 
-The property cannot have existence owned and secured until they approach to the possession of an individual. 
-Any transactions that involves gharar vital air is considered void.
IMMOVABLE
1. The just of pre-emption (shuf'ah)
   -When a person wants to sell his immovable property such as dwelling-place, the owner or the neighbours get a priority to that house with the understanding that they have intention to that family and agreed with the price.  The objectives are to elude harm to neighbours and hardships.

2. In the form of bankruptcies
   -A person leaves through many debts and the court has declared him bankrupt. Therefore the court will sell his portable properties or ask him to barter his movable properties first to settle his shortcoming. If the movable...

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