Identifying the Presence of Gharar in Buying and Selling Mechanism Under Different Kinds of the Market Structure

Dr. Mohammad Masrurul Mowla

Authors

Dr. Mohammad Masrurul Mowla

Keywords:

gharar, market, buying and selling mechanism

Abstract

This paper aims to investigate the presence of Gharar in buying and selling mechanism in the different kinds of market. This is a conceptual paper based on secondary data. This paper finds that, the Gharar is highly existed in the imperfect competitive market compared to the perfect competitive market. The level of Gharar is higher in monopoly followed by oligopoly, monopolistic market. Finally, this paper recommends some steps to avoid Gharar in the buying and selling mechanism in different market structure.

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How to Cite

Identifying the Presence of Gharar in Buying and Selling Mechanism Under Different Kinds of the Market Structure. (2019). Global Journal of Human-Social Science, 19(E1), 37-42. https://socialscienceresearch.org/index.php/GJHSS/article/view/2778

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