THE DIFFERENCES BETWEEN

WAAD AND AQAD

WAAD

It is a promise between one party to another. It is a unilateral contract.

WAAD

The offer and acceptance of the offerer is known as a promise which connotes an expression of willingness of a person on a particular subject matter.

WAAD

The party who received the promised will bear the responsibility whatever promised given by the person who give the promise.

WAAD

*Terms & Conditions are not well defined.

WAAD

The promise has no specific definition of its own however it can be explained as a commitment made by one person to another to undertake a verbal proposition made by someone.

WAAD

When the promised was not being fulfilled then penalty received is just a moral penalty.