Commercial guarantee (Kafalah) is matter of discussion among Shariah scholars with respect to its various peculiarities. In context of Kafalah, you are required to attempt following: I. Explain whether guarantee can be given in fudiciary (Amanah based) contracts; if yes, in what context. Please do provide Shariah basis in order to support your argument.

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter17: Capital And Time
Section: Chapter Questions
Problem 17.5P
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Commercial guarantee (Kafalah) is matter of discussion among Shariah scholars with respect to its various peculiarities. In context
of Kafalah, you are required to attempt following:
I. Explain whether guarantee can be given in fudiciary (Amanah based) contracts; if yes, in what context. Please do
provide Shariah basis in order to support your argument.

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