The Majlis Archive

Finance - Banking - Business The Majlis Vol 25 No 08, p.4

In Dubai I had an agreement with a developer regarding a property.

Question

In Dubai I had an agreement with a developer regarding a property. The property would be handed to me in 2018, that is three years after signing the contract to build. I have paid a substantial amount in instalments. However, I am no longer interested in the deal. According to the laws in Dubai, I can cancel the deal if the house was not delivered in a year, and further, I can claim compensation as well. What is the Shariah's view?

Answer

If the house was not handed to you in 2018 as per your agreement with the developer, then you are entitled to claim a full refund of the amount you had paid. You may not claim any extra as compensation as allowed by the kufr law of Dubai. You are entitled to only the amount you had paid and that too if the developer is in violation of the agreement he had with you.

The laws of Dubai which are in conflict with the Shariah have no validity in Islam.

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The Majlis Vol 25 No 08
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