LessonsKhiyar al-Shart: Duration, Ownership, Rescission and Stipulated AttributesQuiz

خِيَارُ الشَّرْطِ جَائِزٌ فِي الْبَيْعِ لِلْبَائِعِ وَالْمُشْتَرِي، وَلَهُمَا الْخِيَارُ ثَلَاثَةَ أَيَّامٍ فَمَا دُونَهَا
Translation: A contractual option is valid for the seller and buyer; the option may be stipulated for three days or less.

The phrase lil-ba'i wa-l-mushtari establishes that the option is not restricted to a buyer. A seller can also reserve the option, and both may stipulate it.

Example: a book is sold for Rs 2,000 with an express two-day period for the seller to affirm or rescind. That illustrates the basic permission.

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Original: parties entitled to an option

Khiyar al-Shart: Duration, Ownership, Rescission and Stipulated Attributes

خِيَارُ الشَّرْطِ جَائِزٌ فِي الْبَيْعِ لِلْبَائِعِ وَالْمُشْتَرِي، وَلَهُمَا الْخِيَارُ ثَلَاثَةَ أَيَّامٍ فَمَا دُونَهَا
Translation: A contractual option is valid for the seller and buyer; the option may be stipulated for three days or less.

The phrase lil-ba'i wa-l-mushtari establishes that the option is not restricted to a buyer. A seller can also reserve the option, and both may stipulate it.

Example: a book is sold for Rs 2,000 with an express two-day period for the seller to affirm or rescind. That illustrates the basic permission.