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Jordan Journal of Islamic Studies

Jordan Journal of Islamic Studies

Abstract

The purpose of the study is to investigate the meaning of provisions, its types and sharia rules; as well as establishing a Fiqhi background for it. Further, clarifying the sharia regulations to form provisions in Islamic Banks and any fiqhi; problems within the differences in Islamic banks and traditional banks in dealing the extra provisions and the rules of provisions Zakat.

The study is divided into an introduction and two subjects; the first subject was devoted to provisions: Technical aspects of provisions. The second subject discussed the provisions from fiqhi perspective.

The study concluded that there is a similarity of provisions in many traditional banks with those in Islamic banks with minor differences between them. The origin is allowing

the forming of those provisions, far from what is decided by scholars about the authenticity of capital contract and the deduction of some waqf revenues to maintain it. The malki stated that the source and money owner agree to donate to a third party. Moreover, the study concluded that the provisions are must be under zakat as they are future expanses if they meet the zakat conditions, except for those used to pay debts from bad debts and the stated amount from obligations provisions.

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