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

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

Dr. Mohammad Masrurul Mowla

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International Islamic University Chittagong

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

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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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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

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).

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Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Keywords

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Classification

GJHSS-E Classification FOR Code: 910103

Submission ReceivedDecember 8, 2018
Peer Review Double Blind
Handling Editor
Accepted January 4, 2019
Published January 15, 2019

Version of record

v1.2

Issue date

March 7, 2019

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Article Matrices

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): 175

Total Views (Real + Logic): 2704

Total Downloads (simulated): 1439

Publish Date: 2019 03, Thu

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Total Views: 2704

Total Downloads: 1439

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