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What is the meaning of Khiyar al-Shart?

April 26, 2017khiyar

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What is the meaning of Khiyar al-Shart?

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Khiyar al-Shart refers to an option to rescind a sales contract based on some conditions. One of the parties to a sales contract may stipulate certain conditions, which if not met, would grant a right to the stipulating party an option to rescind the contract.