MUSLIM LAW OF PROPERTY

Hiba is an unconditional transfer of ownership of an existing property, made immediately and without any compensation

This Article is written by Hitakshi Maggo from Fairfield Institute of Management and Technology HIBA A gift is a transfer of property ownership from one live person to another living person for no monetary payment. Gifts are referred to as ‘Hiba’ in Islamic law. To be more specific, the term “gift” has a broad connotation and … Read more