Shari'ah compliance in construction procurement with specific reference to contract formation /
This study examines the current practice in construction procurement with specific reference to contract formation and appraises the practice in terms of its compliance with the Sharīah. The scope of the study is to identify and describe the key processes, procedures, requirements, conditions and ac...
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| Main Author: | |
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| Format: | Thesis |
| Language: | English |
| Published: |
Gombak, Selangor :
Kulliyyah of Architecture and Environmental Design, International Islamic University Malaysia,
2010
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| Subjects: | |
| Online Access: | http://studentrepo.iium.edu.my/handle/123456789/2758 |
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| Summary: | This study examines the current practice in construction procurement with specific reference to contract formation and appraises the practice in terms of its compliance with the Sharīah. The scope of the study is to identify and describe the key processes, procedures, requirements, conditions and activities related to the formation of construction contracts – specifically on offer and acceptance – through the conventional way and assess whether the identified activities are Sharīah compliant or otherwise. The methodology employed comprises: literature review, focus group discussion and semistructured interviews. Experts, in the areas of construction procurement, construction contract, Sharīah law, Fiqh and Usul Fiqh and Fiqh muāmalah, are the key resource persons for the study. The findings of this study suggest that most of the aspects in the practice of offer and acceptance in the formation of conventional construction contract are considered to be Sharīah compliant. There are only two aspects which are considered to be non-Sharīah compliant, therefore need to be improved i.e. the way site investigation is carried out and taking conventional insurance. The outcome of the study is considered significant in terms of enhancing understanding of the Islamic commercial transactions in the area of construction procurement in relation to contract formation. |
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| Item Description: | Abstract in English and Arabic "A thesis submitted in fulfilment of the requirement for the degree of Master of Science (Built Environment)." --On t.p. |
| Physical Description: | xviii, 391 leaves : ill. ; 30 cm. Also available on 4 3/4 in computer optical disc. |
| Bibliography: | Includes bibliographical references (leaves 389-391). |