... channels that eventually lead to injustice. 53 53 For further details on Islamic law see: Hassan, 19 93; Qadri, 19 63, pp. 97–1 13. 122 Understanding Islamic Finance loan, gift, donation, Waqf, or contracts ... practitioners to apply the Islamic law of contracts inmodern-day operations. 32 Ibnul Qayyim, 1955, 3. 33 Zuhayli, 20 03, 1,p.74. 34 For details see Zuhayli, 20 03, pp. 71, 72. Islamic Law of Contracts ... agreement. 38 There are three types of conditions according to Hanafis: valid, defective and invalid; see Zuhayli, 20 03, 1, pp. 1 23 131 . 39 Mansoori, 2005, pp. 157–1 63. 110 Understanding Islamic Finance (Gbpwth)...