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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.
Dr. Mohammad Masrurul Mowla. 2019. \u201cIdentifying the Presence of Gharar in Buying and Selling Mechanism Under Different Kinds of the Market Structure\u201d. Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 19 (GJHSS Volume 19 Issue E1): .
Crossref Journal DOI 10.17406/GJHSS
Print ISSN 0975-587X
e-ISSN 2249-460X
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Total Score: 106
Country: Bangladesh
Subject: Global Journal of Human-Social Science - E: Economics
Authors: Dr. Mohammad Masrurul Mowla (PhD/Dr. count: 1)
View Count (all-time): 153
Total Views (Real + Logic): 2682
Total Downloads (simulated): 1391
Publish Date: 2019 03, Thu
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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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