What is the basic definition of a transaction in Islam?




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What is the basic definition of a transaction in Islam?
What is a key requirement for a valid sale contract in Islam?
In an Islamic transaction, the seller must:
A valid Islamic transaction must be free from:
What is the ruling on selling prohibited items like alcohol and pork in Islam?
In islam, both the buyer and the seller must agree willingly to the transactions
A transaction is valid even if the item sold is unknown or uncertain (gharar)
It is permissible for the seller to hide the defect of a product to gain more profit
A transaction that involves riba ( interest) is consider invalid in Islamic law
Verbal agreement without any written contact is still valid in an Islamic transaction , as long as both parties agrees