Hiba |
Hiba bil Iwaz |
Hiba ba Shart ul Iwaz |
Ownership in property is transfered without consideration. |
Ownership in property is
transferred for consideration called iwaz. But there is no express
agreement for a return. Iwaz is voluntary. |
Ownership in property is transferred for consideration called iwaz, with an express agreement for a return. |
Delivery of possession is essential. |
Delivery of possession is NOT essential. |
Delivery of possession is essential. |
Gift of mushaa where a property is divisible is invalid. |
Gift of mushaa even where a property is divisible is valid. |
Gift of mushaa where a property is divisible is invalid. |
Barring a few exceptions it is revocable. |
It is irrevocable. |
It is revocable until the iwaz is paid. Irrevocable after that. |
It is a pure gift. |
It is like a contract of sale. |
In its inception it is a gift but becomes a sale after the iwaz is paid. |