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The words ‘possession’ (القبض (and ‘sale’ (البیع (are not the strange terms in the sayings of the Holy Prophet (Peace and Mercy be upon him) and Islamic Jurisprudence. Allah the Almighty has used six times the word Qabz in His Holy Book Quran, but that is used in its literary meanings. Moreover, in the sayings of the Holy Prophet (Peace and Mercy be upon him) and the writings of jurists it is used about the contract of sale and some other contracts where ownership or benefit of something is transferred from one party to the other. In this article meaning of Qabz and Bai has been discussed. Furthermore, importance of Qabz, its shariah ruling in the sale contract of movable and immovable things and ways of Qabz have been looked into. In movable commodities exchange of gold and silver was given consideration. Later on disadvantages of absence of shariah possession are pointed out.

Mufti Shahab Niamat Khan, Dr. Sahibzada Baz Muhammad. (2018) POSSESSION; ITS MEANING, IMPORTANCE AND SHARIAH RULING IN THE CONTRACT OF SALE, , Volume-06, Issue-2.
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