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‫ا‬
‫ا‬
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‫‪1/13/14‬‬
‫‪Gmail - {Kantakji Group}. Add '12378' Ø‬‬
‫>‪Dr. Samer Kantakji <[email protected]‬‬
‫ﺣﻛﻡ‪ ‬ﺟﺩﻳﺩ‪ ‬ﺻﺩﺭ‪ ‬ﺿﺩ‪ ‬ﺑﻳﺕ‪ ‬ﺍﻟﺗﻣﻭﻳﻝ‪ ‬ﺍﻟﻌﺭﺑﻲ‪ ‬ﻳﺅﻛﺩ‪ ‬ﺗﺿﻠﻳﻝ‪ ‬ﺍﻟﻣﺻﺭﻑ‪{Kantakji Group}. Add '12378' Ø ‬‬
‫ﻟﻠﻣﺳﺎﻫﻣﻳﻥ‬
‫‪1 message‬‬
‫>‪Maan Barazy <[email protected]‬‬
‫‪Reply­To: [email protected]‬‬
‫‪To: [email protected]‬‬
‫‪Mon, Jan 13, 2014 at 10:40 AM‬‬
‫​‪­­ ‬‬
‫‪ ‬‬
‫‪ ‬ﺣﻛﻡ‪ ‬ﺟﺩﻳﺩ‪ ‬ﺻﺩﺭ‪ ‬ﺿﺩ‪ ‬ﺑﻳﺕ‪ ‬ﺍﻟﺗﻣﻭﻳﻝ‪ ‬ﺍﻟﻌﺭﺑﻲ‬
‫‪ ‬‬
‫‪ ‬ﺇﺑﻁﺎﻝ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﺗﺎﺭﻳﺦ‪01/11/2008. ‬‬
‫‪ ‬ﺇﻟﺯﺍﻡ‪ ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ‪ ‬ﺑﺄﻥ‪ ‬ﻳﻌﻳﺩ‪ ‬ﺇﻟﻰ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﻣﺑﻠﻐﺎ‪ ‬ﻭﻗﺩﺭﻩ‪ /285.000/ ‬ﺩﺃ‪ ‬ﻣﻊ‪ ‬ﺍﻟﻔﺎﺋﺩﺓ‪ ‬ﺍﻟﻘﺎﻧﻭﻧﻳﺔ‪ ‬ﻣﻥ‬
‫ﺗﺎﺭﻳﺦ‪ ٬01/11/2008 ‬ﻭﺣﺗﻰ‪ ‬ﺗﺎﺭﻳﺦ‪ ‬ﺍﻟﺩﻓﻊ‪ ‬ﺍﻟﻔﻌﻠﻲ‪.‬‬
‫‪ ‬‬
‫ﺍﻛﺩ‪ ‬ﺣﻛﻡ‪ ‬ﺟﺩﻳﺩ‪ ‬ﺻﺩﺭ‪ ‬ﺿﺩ‪ ‬ﺑﻳﺕ‪ ‬ﺍﻟﺗﻣﻭﻳﻝ‪ ‬ﺍﻟﻌﺭﺑﻲ‪ ‬ﻹﻋﺎﺩﺓ‪ ‬ﺃﻣﻭﺍﻝ‪ ‬ﻣﺳﺎﻫﻣﻲ‪ ‬ﻣﺭﺳﻲ‪ ‬ﺍﻟﺳﻳﻑ‪ ‬ﺍﻟﺫﻱ‪ ‬ﺻﺩﺭ‪ ‬ﺑﺗﺎﺭﻳﺦ‪2013\10\22 ‬‬
‫ﻭﺃﺻﺩﺭﺕ‪ ‬ﺍﻟﻐﺭﻓﺔ‪ ‬ﺍﻹﺑﺗﺩﺍﺋﻳﺔ‪ ‬ﺍﻟﺛﺎﻧﻳﺔ‪ ‬ﻓﻲ‪ ‬ﺑﻳﺭﻭﺕ‪ ‬ﻭﺍﻟﻣﺅﻟﻔﺔ‪ ‬ﻣﻥ‪ ‬ﺍﻟﺭﺋﻳﺳﺔ‪ ‬ﻣﻧﻰ‪ ‬ﺻﺎﻟﺢ‪ ‬ﻭﺍﻟﻌﺿﻭﻳﻥ‪ ‬ﻧﺎﺩﻳﺎ‪ ‬ﻋﻘﻝ‪ ‬ﻭﻛﺭﻳﺳﺗﻝ‪ ‬ﻋﺩﺩ‪ ‬ﻣﻥ‬
‫ﺍﻻﺟﺗﻬﺎﺩﺍﺕ‪ ‬ﺍﻟﻣﻬﻣﺔ‪ ‬ﻓﻲ‪ ‬ﺍﺣﻛﺎﻡ‪ ‬ﺍﻟﻣﺻﺎﺭﻑ‪ ‬ﺍﻻﺳﻼﻣﻳﺔ‪ ‬ﻋﺎﻣﺔ‪ ‬ﻭﻗﻭﺍﻧﻳﻥ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﺧﺻﻭﺻﺎ‪".‬‬
‫ﻭﻟﻌﻝ‪ ‬ﺍﻫﻡ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻻﺷﻛﺎﻟﻳﺎﺕ‪ ‬ﻓﻲ‪ ‬ﻣﻔﻬﻭﻡ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﻭﺍﻫﻡ‪ ‬ﻣﻔﺎﺻﻠﻪ‪ ‬ﻧﺷﺭﺓ‪ ‬ﺍﻻﻛﺗﺗﺎﺏ‪.‬‬
‫ًﺍ‪ ‬ﻋﻠﻰ‪ ‬ﺩﻋﻭﺓ‪ ‬ﻣﻘﺩﻣﺔ‪ ‬ﺑﺗﺎﺭﻳﺦ‪ ٬27/12/2012 ‬ﻣﻥ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﻋﻣﺎﺩ‪ ‬ﻋﻠﻳﻭﺍﻥ‬
‫‪ ‬ﻓﺎﻟﺣﻛﻡ‪ ‬ﺍﻟﺟﺩﻳﺩ‪ ‬ﻓﻲ‪ ‬ﻗﺿﻳﺔ‪ ‬ﺑﻳﺕ‪ ‬ﺍﻟﺗﻣﻭﻳﻝ‪ ‬ﺍﻟﻌﺭﺑﻲ‪ ‬ﺑﻧﺎء‬
‫)ﻭﻛﻳﻼﻩ‪ ‬ﺍﻻﺳﺗﺎﺫﺍﻥ‪ ‬ﻣﺣﻣﺩ‪ ‬ﻋﺎﻟﻡ‪ ‬ﻭﻧﺎﺩﺭ‪ ‬ﻋﺑﻳﺩ(‪ ‬ﻣﻣﺛﻼ‪ ‬ﺑﺷﺧﺹ‪ ‬ﺭﺋﻳﺱ‪ ‬ﻣﺟﻠﺱ‪ ‬ﺇﺩﺍﺭﺗﻪ‪ ‬ﺍﻟﻣﺩﻳﺭ‪ ‬ﺍﻟﻌﺎﻡ‪ ‬ﻣﺣﻣﺩ‪ ‬ﻋﺑﺩ‪ ‬ﺍﻟﻠﻁﻳﻑ‪ ‬ﺍﻟﻣﺎﻧﻊ‬
‫ﻭﺍﻟﻣﻌﻠﻭﻡ‪ ‬ﺃﻥ‪ ‬ﺑﻳﺕ‪ ‬ﺍﻟﺗﻣﻭﻳﻝ‪ ‬ﺍﻟﻌﺭﺑﻲ‪) ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ(‪ ‬ﻣﺻﺭﻑ‪ ‬ﺇﺳﻼﻣﻲ‪ ‬ﺗﺄﺳﺱ‪ ‬ﻓﻲ‪ ‬ﻟﺑﻧﺎﻥ‪ ٬‬ﻣﻧﺫ‪ ‬ﺣﻭﺍﻟﻲ‪ ‬ﺃﺭﺑﻊ‪ ‬ﺳﻧﻭﺍﺕ‪ (2009) ‬ﻗﺎﻡ‬
‫ﺑﺗﺳﻭﻳﻕ‪ ‬ﺻﻧﺩﻭﻕ‪ ‬ﺍﺳﺗﺛﻣﺎﺭﻱ‪ ‬ﺗﺣﺕ‪ ‬ﺗﺳﻣﻳﺔ‪ ‬ﻣﺭﺳﻲ‪ ‬ﺍﻟﺳﻳﻑ‪ ‬ﻗﺎﻝ‪ ‬ﺍﻥ‪ ‬ﻋﻣﻠﻳﺔ‪ ‬ﺍﻟﺗﺳﻭﻳﻕ‪ ‬ﺗﻣﺕ‪ ‬ﺩﻭﻥ‪ ‬ﺇﺑﺭﺍﺯ‪ ‬ﻧﺷﺭﺓ‪ ‬ﺍﻻﻛﺗﺗﺎﺏ‪ ‬ﺍﻟﺗﻲ‪ ‬ﺗﻣﻛﻥ‬
‫ﺍﻟﻣﻛﺗﺗﺏ‪ ‬ﻣﻥ‪ ‬ﺍﻟﻭﺻﻭﻝ‪ ‬ﻋﻠﻰ‪ ‬ﺗﻔﺎﺻﻳﻝ‪ ‬ﺍﺳﺗﺛﻣﺎﺭﻩ‪ ٬‬ﻭﻋﻠﻳﻪ‪ ‬ﻗﺎﻡ‪ ‬ﺑﻳﺕ‪ ‬ﺍﻟﺗﻣﻭﻳﻝ‪ ‬ﺍﻟﻌﺭﺑﻲ‪ ‬ﺑﺣﺳﺏ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺍﻟﻘﺎﻧﻭﻧﻳﺔ‪ ‬ﻟﻠﻘﺭﺍﺭ‪446/2013 ‬‬
‫ً‬
‫ﺗﺎﺭﻳﺦ‪ 22/10/2013 ‬ﺑﺎﺩﺭ‪ ‬ﺇﻟﻰ‪ ‬ﺍﻗﻧﺎﻉ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﺑﺄﻫﻣﻳﺔ‪ ‬ﻭﻧﺟﺎﺡ‪ ‬ﻋﻣﻠﻳﺔ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﻣﺳﺗﻔﻳﺩﺍ‪ ‬ﻣﻥ‪ ‬ﺻﺑﻐﺔ‪ ‬ﻛﻭﻧﻪ‪ ‬ﻣﺻﺭﻓﺎ‪ ‬ﺍﺳﻼﻣﻳﺎ‪ ٬‬ﻣﻣﺎ‬
‫ﺣﻣﻝ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﻋﻠﻰ‪ ‬ﺗﺳﻠﻳﻣﻪ‪ ‬ﻣﺑﻠﻎ‪ /290.000/ ‬ﺩﺃ‪ ‬ﻻﺳﺗﺛﻣﺎﺭﻩ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻣﺷﺭﻭﻉ‪ ‬ﺑﻌﺩ‪ ‬ﺍﻟﺗﻭﻗﻳﻊ‪ ‬ﻋﻠﻰ‪" ‬ﻭﻛﺎﻟﺔ‪ ‬ﺍﺳﺗﺛﻣﺎﺭ‪ ‬ﻭﺍﺩﺍﺭﺓ‪ ‬ﺍﻣﻭﺍﻝ"‪ ‬ﻭ‬
‫"ﺷﺭﻭﻁ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﻭﺍﺩﺍﺭﺓ‪ ‬ﺍﻻﻣﻭﺍﻝ"‪ ‬ﻟﺻﻠﺣﺔ‪ ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ‪ ‬ﺑﺗﺎﺭﻳﺦ‪ 01/11/2008 ‬ﺍﻟﻣﺎﺩﺓ‪ 14 ‬ﻣﻥ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺭﻗﻡ‬
‫‪) 520/96‬ﻭﻫﻲ‪ ‬ﻧﺹ‪ ‬ﺧﺎﺹ‪ ‬ﻳﺭﻋﻰ‪ ‬ﺗﻧﻅﻳﻡ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ(‪ ٬‬ﻓﺭﺿﺕ‪ ‬ﻭﺍﻭﺟﺑﺕ‪ ‬ﻛﻣﺎ‪ ‬ﺳﺑﻕ‪ ‬ﺑﻳﺎﻧﻪ‪ ‬ﻻﻧﺑﺭﺍﻡ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻲ‪ ‬ﻭﺭﻭﺩﻩ‬
‫ﺑﺷﻛﻝ‪ ‬ﺧﻁﻲ‪ ‬ﻭﺻﺭﻳﺢ‪ ‬ﺗﺣﺕ‪ ‬ﻁﺎﺋﻠﺔ‪ ‬ﺍﻟﺑﻁﻼﻥ‪ ‬ﺍﻟﻣﻁﻠﻕ‪ ‬ﻭﺗﺿﻣﻧﻪ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻷﻗﻝ‪ ‬ﺍﻟﺑﻳﺎﻧﺎﺕ‪ ‬ﺍﻟﻣﻌﺩﺩﺓ‪ ‬ﻓﻲ‪ ‬ﻣﺗﻧﻬﺎ‪ ٬‬ﻗﺎﻟﺕ‪ ‬ﺍﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻲ‬
‫ﻻ‪ ‬ﻳﻧﻌﻘﺩ‪ ‬ﻭﺑﺎﻟﺗﺎﻟﻲ‪ ‬ﻳﻌﺗﺑﺭ‪ ‬ﻣﻧﻌﺩﻡ‪ ‬ﺍﻟﻭﺟﻭﺩ‪ ‬ﻣﺎ‪ ‬ﻟﻡ‪ ‬ﻳﺳﺗﺟﻣﻊ‪ ‬ﻛﺎﻓﺔ‪ ‬ﺍﻟﺑﻳﺎﻧﺎﺕ‪ ‬ﺍﻟﻣﺫﻛﻭﺭﺓ‪٬‬‬
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‫‪https://mail.google.com/mail/u/0/?ui=2&ik=90548cdd42&view=pt&search=inbox&th=1438af1654bb7d17‬‬
‫ر‬
‫ا‬
‫ا‬
‫ا‬
‫ف‬
‫‪Gmail - {Kantakji Group}. Add '12378' Ø‬‬
‫‪1/13/14‬‬
‫ﻓﻲ‪ ‬ﻧﺷﺭﺓ‪ ‬ﺍﻻﻛﺗﺗﺎﺏ‪ ‬ﺍﻭﻻ‪:‬ﻭﻟﻘﺩ‪ ‬ﺭﻛﺯﺕ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﻟﺷﺭﻭﻁ‪ ‬ﻟﻠﻭﻛﺎﻟﺔ‪ ‬ﻋﻠﻰ‪ ‬ﻣﺎ‪ ‬ﺍﺳﻣﺗﻪ‪ ‬ﻣﺩ"ﻯ‪ ‬ﻣﺧﺎﻟﻔﺗﻬﺎ‪ ‬ﻻﺣﻛﺎﻡ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺭﻗﻡ‬
‫‪ 520/1996‬ﺍﻟﻣﺗﻌﻠﻕ‪ ‬ﺑﺗﻁﻭﻳﺭ‪ ‬ﺍﻟﺳﻭﻕ‪ ‬ﺍﻟﻣﺎﻟﻳﺔ‪ ‬ﻭﺍﻟﻌﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ٬‬ﻭﻫﻭ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺍﻷﺳﺎﺳﻲ‪ ‬ﺍﻟﺫﻱ‪ ‬ﻳﺣﻛﻡ‪ ‬ﺍﻟﻌﻼﻗﺔ‪ ‬ﺑﻳﻥ‪ ‬ﺍﻟﻁﺭﻓﻳﻥ‪ ٬‬ﻭﺍﻥ‬
‫ﺍﻟﻣﺩﻋﻲ‪ ٬‬ﻣﺄﺧﻭﺫﺍ‪ ‬ﺑﻣﺎ‪ ‬ﻋﺭﺿﻪ‪ ‬ﻋﻠﻳﻪ‪ ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ‪ ‬ﻣﻥ‪ ‬ﻭﻋﻭﺩ‪ ‬ﺑﺎﺭﺑﺎﺡ‪ ‬ﻁﺎﺋﻠﺔ‪ ‬ﻭﻏﻳﺭ‪ ‬ﻣﺷﺑﻭﻫﺔ‪ ٬‬ﻟﻡ‪ ‬ﻳﻠﺗﻔﺕ‪ ‬ﺍﻟﻰ‪ ‬ﻣﺎﻫﻳﺔ‪ ‬ﺍﻟﻣﺳﺗﻧﺩﺍﺕ‪ ‬ﺍﻟﺗﻲ‬
‫ﻭﻗﻌﻬﺎ‪ ‬ﻭﺇﻟﻰ‪ ‬ﻣﺩﻯ‪ ‬ﻣﻁﺎﺑﻘﺗﻬﺎ‪ ‬ﻣﻊ‪ ‬ﺍﻟﻘﻭﺍﻧﻳﻥ‪ ‬ﻭﺍﻷﻧﻅﻣﺔ‪ ‬ﺍﻟﺗﻲ‪ ‬ﺗﺭﻋﻰ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻟﻌﻼﻗﺔ‪ ٬‬ﻭﻗﺎﻟﺕ‪ ‬ﺍﻥ‪ ‬ﺍﻟﻌﻣﻠﻳﺔ‪ ‬ﺻﺩﺭﺕ‪ ‬ﻟﻠﻌﺎﻡ‪ ٬2012 ‬ﻭﻗﺩ‬
‫ﺃﻋﻠﻡ‪ ‬ﺑﺄﻧﻪ‪ ‬ﺳﻳﺟﺭﻱ‪ ‬ﺗﻣﺩﻳﺩ‪ ‬ﺍﻟﻣﺷﺭﻭﻉ‪ ‬ﻟﺳﻧﺗﻳﻥ‪ ‬ﺇﺿﺎﻓﻳﺗﻳﻥ‪ ٬‬ﻭﺃﻥ‪ ‬ﺑﻳﺕ‪ ‬ﺍﻟﺗﻣﻭﻳﻝ‪ ‬ﺍﻟﻌﺭﺑﻲ‪) ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ(‪ ‬ﻣﺳﺎﻫﻡ‪ ‬ﺑﺻﻭﺭﺓ‪ ‬ﻣﺑﺎﺷﺭﺓ‪ ‬ﻓﻲ‬
‫ﺍﻟﻣﺷﺭﻭﻉ‪ .‬ﻭﻟﻘﺩ‪ ‬ﻋﺭﺽ‪ ‬ﺑﻳﺕ‪ ‬ﺍﻟﺗﻣﻭﻳﻝ‪ ‬ﺍﻟﻌﺭﺑﻲ‪ ‬ﻋﻠﻰ‪ ‬ﻛﺎﻓﺔ‪ ‬ﺍﻟﻣﺳﺎﻫﻣﻳﻥ‪ ‬ﺍﻟﺫﻳﻥ‪ ‬ﺧﺳﺭﻭﺍ‪ ‬ﺃﻣﻭﺍﻟﻬﻡ‪ ‬ﻭﺑﺎﻷﺧﺹ‪ ‬ﻓﻲ‪ ‬ﻣﻭﺿﻭﻉ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻟﺩﻋﻭﺓ‬
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‫ﺎ‪ ‬ﻳﻬﺩﻑ‪ ‬ﺇﻟﻰ‪ ‬ﺷﺭﺍء‪ ‬ﺍﺳﺗﺛﻣﺎﺭﺍﺕ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻣﺷﺭﻭﻉ‪ ‬ﺑﻧﺻﻑ‪ ‬ﻗﻳﻣﺔ‪ ‬ﻣﺎ‪ ‬ﺩﻓﻌﻪ‪ ٬‬ﻭﻟﻘﺩ‪ ‬ﺃﺭﺳﻝ‪ ‬ﺍﻧﺫﺍﺭﺍ‪ ‬ﻟﻠﻣﺩﻋﻲ‬
‫ﻋﻠﻰ‪ ‬ﻋﻠﻳﻭﺍﻥ‪ ‬ﻋﺭﺿ‬
‫ﻁﺎﻟﺑﺎ‪ ‬ﺑﺈﻋﺎﺩﺓ‪ ‬ﺍﻟﻣﺑﺎﻟﻎ‪ ‬ﺍﻟﻣﺳﻠﻣﺔ‪ ‬ﺇﻟﻳﻪ‪ ‬ﺩﻭﻥ‪ ‬ﺟﺩﻭﻯ‪ .‬ﻭﺗﻘﻭﻝ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺃﻥ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﺗﺎﺭﻳﺦ‪ ٬01/11/2008 ‬ﺑﺎﻁﻝ‪ ‬ﺑﻁﻼﻧﺎ‪ ‬ﻣﻁﻠﻘﺎ‪٬‬‬
‫ﻭﺃﻥ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 14 ‬ﻣﻥ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ 520/1996 ‬ﻧﺻﺕ‪ ‬ﻋﻠﻰ‪ ‬ﺃﻧﻪ‪ ‬ﻳﺟﺏ‪ ‬ﺃﻥ‪ ‬ﺗﻛﻭﻥ‪ ‬ﺟﻣﻳﻊ‪ ‬ﻋﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﻭﺗﻌﺩﻳﻼﺗﻬﺎ‪ ‬ﺧﻁﻳﺔ‪ ‬ﻭﺻﺭﻳﺣﺔ‬
‫ﺗﺣﺕ‪ ‬ﻁﺎﺋﻠﺔ‪ ‬ﺍﻟﺑﻁﻼﻥ‪ ‬ﺍﻟﻣﻁﻠﻕ‪ ٬‬ﻭﺃﻧﻪ‪ ‬ﻳﺟﺏ‪ ‬ﺃﻥ‪ ‬ﺗﺗﺿﻣﻥ‪ ‬ﺍﻟﻌﻧﺎﺻﺭ‪ ‬ﺍﻟﺗﺎﻟﻳﺔ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻷﻗﻝ‪:‬‬
‫‪­ ‬ﺍﻹﺷﺎﺭﺓ‪ ‬ﺍﻟﺻﺭﻳﺣﺔ‪ ‬ﺑﺄﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﻧﻅﻡ‪ ‬ﻭﻓﻘﺎ‪ ‬ﻷﺣﻛﺎﻡ‪ ‬ﻫﺫﺍ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪.‬‬
‫‪­ ‬ﺍﺳﻡ‪ ‬ﻭﻣﺣﻝ‪ ‬ﺇﻗﺎﻣﺔ‪ ‬ﻭﻣﻬﻧﺔ‪ ‬ﻛﻝ‪ ‬ﻣﺗﻌﺎﻗﺩ‪ ‬ﻭﻛﻝ‪ ‬ﻣﺳﺗﻔﻳﺩ‪.‬‬
‫‪­ ‬ﺗﺣﺩﻳﺩ‪ ‬ﻛﻝ‪ ‬ﻋﻧﺻﺭ‪ ‬ﻣﻥ‪ ‬ﻋﻧﺎﺻﺭ‪ ‬ﺍﻟﺫﻣﺔ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪.‬‬
‫‪­ ‬ﺗﺣﺩﻳﺩ‪ ‬ﻣﻬﻣﺔ‪ ‬ﻭﺻﻼﺣﻳﺎﺕ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﺑﺷﻛﻝ‪ ‬ﻭﺍﺿﺢ‪ ٬‬ﻭﻋﻧﺩ‪ ‬ﺍﻻﻗﺗﺿﺎء‪ ‬ﺃﻧﻬﺎ‪ ‬ﺗﺗﺿﻣﻥ‪ ‬ﺣﻕ‪ ‬ﺍﻟﺗﺻﺭﻑ‪.‬‬
‫‪­ ‬ﺗﺻﺭﻳﺣﺎ‪ ‬ﻣﻔﺻﻼ‪ ‬ﻭﻭﺍﺿﺣﺎ‪ ‬ﻳﺑﻳﻥ‪ ‬ﺑﺷﻛﻝ‪ ‬ﻣﺣﺩﺩ‪ ‬ﻣﺎ‪ ‬ﺇﺫﺍ‪ ‬ﻛﺎﻥ‪ ‬ﺍﻟﻣﻧﺷﻲء‪ ‬ﻳﻔﻭﺽ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﺗﻭﻅﻳﻑ‪ ‬ﺍﻟﺫﻣﺔ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ‬ﻓﻲ‬
‫ﻣﺟﺎﻻﺕ‪ ‬ﻳﻛﻭﻥ‪ ‬ﻓﻳﻬﺎ‪ ‬ﻟﻠﻣﺅﺗﻣﻥ‪ ‬ﻣﺻﻠﺣﺔ‪ ‬ﻣﺑﺎﺷﺭﺓ‪ ‬ﺃﻭ‪ ‬ﻏﻳﺭ‪ ‬ﻣﺑﺎﺷﺭﺓ‪.‬‬
‫‪­ ‬ﻣﻘﺩﺍﺭ‪ ‬ﻋﻣﻭﻻﺕ‪ ‬ﻭﺃﺟﻭﺭ‪ ‬ﻭﻣﺻﺎﺭﻳﻑ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﻭﺳﻭﺍﻫﺎ‪ ‬ﺃﻭ‪ ‬ﻛﻳﻔﻳﺔ‪ ‬ﺗﺣﺩﻳﺩﻫﺎ‪ ‬ﻭﺍﺳﺗﻳﻔﺎﺋﻬﺎ‪.‬‬
‫‪­ ‬ﺗﺣﺩﻳﺩ‪ ‬ﺍﻷﺟﻝ‪ ٬‬ﻭﺃﻧﻪ‪ ‬ﻳﺳﺗﻔﺎﺩ‪ ‬ﻣﻥ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ ‬ﺍﻟﻣﺫﻛﻭﺭﺓ‪ ‬ﺃﻧﻬﺎ‪ ‬ﻭﺿﻌﺕ‪ ‬ﺷﺭﻭﻁ‪ ‬ﺷﻛﻠﻳﺔ‪ ‬ﻟﺗﻛﻭﻳﻥ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﺣﺗﻰ‪ ‬ﺇﺫﺍ‪ ‬ﻣﺎ‪ ‬ﺗﻣﺕ‬
‫ﻣﺧﺎﻟﻔﺔ‪ ‬ﺃﺣﺩ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻟﺷﺭﻭﻁ‪ ‬ﻛﺎﻥ‪ ‬ﺟﺯﺍء‪ ‬ﻫﺫﻩ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﺍﻟﺑﻁﻼﻥ‪ ‬ﺍﻟﻣﻁﻠﻕ‪.‬‬
‫ﺛﺎﻧﻳﺎ"‪ :‬ﻓﻲ‪ ‬ﺍﻫﻣﻳﺔ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‬
‫ً‬
‫ﻭﻗﺎﻟﺕ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺃﻧﻪ‪ ‬ﺳﻧﺩﺍ‪ ‬ﻟﻠﻣﺎﺩﺓ‪ 220 ‬ﻡ‪ ‬ﻭ‪ ‬ﻉ‪ ‬ﻓﻲ‪ ‬ﺣﺎﻝ‪ ‬ﺍﺷﺗﺭﺍﻁ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺻﻳﻐﺔ‪ ‬ﻣﻌﻳﻧﺔ‪ ‬ﻟﻠﻌﻘﻭﺩ‪ ‬ﻓﺎﻥ‪ ‬ﺍﻟﺭﺿﻰ‪ ‬ﻻ‪ ‬ﻳﻛﻔﻲ‪ ‬ﻻﻧﻌﻘﺎﺩ‬
‫ﺍﻟﻌﻘﺩ‪ ٬‬ﻭﻫﺫﺍ‪ ‬ﻳﺷﻛﻝ‪ ‬ﺍﺳﺗﺛﻧﺎء‪ ‬ﻋﻠﻰ‪ ‬ﺍﻟﻘﺎﻋﺩﺓ‪ ‬ﺍﻟﺗﻲ‪ ‬ﺗﻌﺗﺑﺭ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﺗﻧﻌﻘﺩ‪ ‬ﺑﻣﺟﺭﺩ‪ ‬ﺭﺿﻰ‪ ‬ﺍﻟﻣﺗﻌﺎﻗﺩﻳﻥ‪ ٬‬ﻭﺃﻥ‪ ‬ﻋﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﻫﻲ‪ ‬ﻣﻥ‬
‫ﺍﻟﻌﻘﻭﺩ‪ ‬ﺍﻟﺷﻛﻠﻳﺔ‪ ‬ﺍﻟﻣﺫﻛﻭﺭﺓ‪ ٬‬ﻭﺗﺳﺗﻠﺯﻡ‪ ‬ﻻﻧﻌﻘﺎﺩﻫﺎ‪ ‬ﻭﺍﻧﺗﺎﺝ‪ ‬ﻣﻔﺎﻋﻳﻠﻬﺎ‪ ‬ﺗﺿﻣﻧﻬﺎ‪ ‬ﺍﻟﺷﺭﻭﻁ‪ ‬ﺍﻟﺗﻲ‪ ‬ﺃﻭﺟﺑﺗﻬﺎ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 14 ‬ﻣﻥ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‬
‫‪520/1996.‬‬
‫ﻭﺗﻘﻭﻝ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺃﻥ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﻟﻡ‪ ‬ﻳﺳﺗﻭﻑ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻟﺷﺭﻭﻁ‪ ‬ﺧﺎﺻﺔ‪ ‬ﻟﺟﻬﺔ‪ ‬ﻋﺩﻡ‪ ‬ﻧﺻﻬﺎ‪ ‬ﺻﺭﺍﺣﺔ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺟﺎء‪ ‬ﺑﻣﻭﺿﻭﻉ‪ ‬ﻣﺷﺭﻭﻉ‬
‫ﻣﻌﻳﻥ‪ ‬ﻭﺗﺑﻳﺎﻥ‪ ‬ﻣﺎﻫﻳﺔ‪ ‬ﻫﺫﺍ‪ ‬ﺍﻟﻣﺷﺭﻭﻉ‪ ‬ﻭﻣﺧﺎﻁﺭﻩ‪ ‬ﻭﻻ‪ ‬ﻫﺎﻣﺵ‪ ‬ﺍﻟﺭﺑﺢ‪ ‬ﻭﺍﻟﺧﺳﺎﺭﺓ‪ ‬ﻭﻏﻳﺭ‪ ‬ﺫﻟﻙ‪ ‬ﻣﻥ‪ ‬ﺍﻟﺗﻔﺎﺻﻳﻝ‪ ‬ﻣﻣﺎ‪ ‬ﻳﻣﻛﻥ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﻣﻥ‬
‫ﺍﻟﻭﻗﻭﻑ‪ ‬ﻋﻠﻰ‪ ‬ﺣﻘﻳﻘﺔ‪ ‬ﻣﺎ‪ ‬ﻳﺗﻌﺎﻗﺩ‪ ‬ﻷﺟﻠﻪ‪.‬‬
‫ﻭﺗﺿﻳﻑ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺃﻧﻪ‪ ‬ﺣﺭﺻﺎ‪ ‬ﻋﻠﻰ‪ ‬ﻣﻭﺟﺏ‪ ‬ﺻﺭﺍﺣﺔ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﺍﻟﺗﻲ‪ ‬ﺗﺟﺭﻳﻬﺎ‪ ‬ﺍﻟﻣﺻﺎﺭﻑ‪ ‬ﺍﻹﺳﻼﻣﻳﺔ‪ ‬ﻣﻊ‪ ‬ﻋﻣﻼﺋﻬﺎ‪ ‬ﻳﺗﺑﻳﻥ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‬
‫ﻧﻅﻡ‪ ‬ﻋﻣﻝ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻟﻣﺻﺎﺭﻑ‪ ‬ﻭﻛﺭﺱ‪ ‬ﻫﺫﺍ‪ ‬ﺍﻟﻣﻭﺟﺏ‪ ٬‬ﻭﻻ‪ ‬ﺳﻳﻣﺎ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ ‬ﺍﻟﺳﺎﺑﻌﺔ‪ ‬ﻣﻥ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺭﻗﻡ‪ 575/2004 ‬ﺍﻟﺗﻲ‪ ‬ﻧﺻﺕ‪ ‬ﻋﻠﻰ‬
‫ﺃﻧﻪ‪ ‬ﻳﺗﻭﺟﺏ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻟﻣﺻﺎﺭﻑ‪ ‬ﺍﻹﺳﻼﻣﻳﺔ‪ ‬ﺃﻥ‪ ‬ﺗﻌﻠﻡ‪ ‬ﺯﺑﺎﺋﻧﻬﺎ‪ ‬ﺧﻁﻳﺎ‪ ٬‬ﻭﻻ‪ ‬ﺳﻳﻣﺎ‪ ‬ﺃﺻﺣﺎﺏ‪ ‬ﺍﻟﻭﺩﺍﺋﻊ‪ ‬ﺍﻟﻣﺭﺗﺑﻁﺔ‪ ‬ﺑﻧﺗﺎﺋﺞ‪ ٬‬ﻋﻥ‪ ‬ﻧﻭﻉ‪ ‬ﻭﻣﺎﻫﻳﺔ‬
‫ﻭﻣﺧﺎﻁﺭ‪ ‬ﺍﻟﻌﻣﻠﻳﺎﺕ‪ ‬ﻭﺍﻻﺳﺗﺛﻣﺎﺭﺍﺕ‪ ‬ﻭﺍﻟﺗﻭﻅﻳﻔﺎﺕ‪ ‬ﺍﻟﺗﻲ‪ ‬ﺗﻘﻭﻡ‪ ‬ﺑﻬﺎ‪ ‬ﻭﻋﻥ‪ ‬ﻧﺗﺎﺋﺟﻬﺎ‪ ‬ﻭﻋﻥ‪ ‬ﻧﺳﺑﺔ‪ ‬ﻣﺳﺎﻫﻣﺗﻬﺎ‪ ‬ﺍﻟﻣﺑﺎﺷﺭﺓ‪ ‬ﺃﻭ‪ ‬ﻏﻳﺭ‪ ‬ﺍﻟﻣﺑﺎﺷﺭﺓ‬
‫ﻓﻲ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻟﻣﺷﺎﺭﻳﻊ‪ ‬ﻭﺫﻟﻙ‪ ‬ﺑﺻﻭﺭﺓ‪ ‬ﺩﻭﺭﻳﺔ‪ ‬ﻛﻝ‪ ‬ﺛﻼﺛﺔ‪ ‬ﺃﺷﻬﺭ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻷﻗﻝ‪.‬‬
‫‪ ‬ﻭﻛﺫﻟﻙ‪ ‬ﻓﺈﻥ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 6 ‬ﻣﻥ‪ ‬ﺍﻟﻘﺭﺍﺭ‪ ‬ﺭﻗﻡ‪ ٬9725/2007 ‬ﻧﺻﺕ‪ ‬ﻛﺫﻟﻙ‪ ‬ﺃﻧﻪ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻟﻣﺻﺎﺭﻑ‪ ‬ﺍﻹﺳﻼﻣﻳﺔ‪ ‬ﺍﻋﺗﻣﺎﺩ‪ ‬ﺍﺳﺗﺭﺍﺗﻳﺟﻳﺔ‪ ‬ﺍﺳﺗﺛﻣﺎﺭ‬
‫ﺳﻠﻳﻣﺔ‪ ‬ﺗﺄﺧﺫ‪ ‬ﺑﻌﻳﻥ‪ ‬ﺍﻻﻋﺗﺑﺎﺭ‪ ‬ﻣﺧﺎﻁﺭ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﻭﺍﻟﻣﺧﺎﻁﺭ‪ ‬ﺍﻟﺗﻲ‪ ‬ﻳﻘﺑﻝ‪ ‬ﺑﻬﺎ‪ ‬ﺍﻟﻌﻣﻳﻝ‪ ‬ﻭﺍﻟﻌﻭﺍﺋﺩ‪ ‬ﺍﻟﻣﺗﻭﻗﻌﺔ‪ ‬ﻣﻥ‪ ‬ﻗﺑﻠﻪ‪ ‬ﻭﺍﻟﺗﻣﻳﻳﺯ‪ ‬ﺑﻳﻥ‪ ‬ﻧﻭﻋﻲ‬
‫ﺍﻻﺳﺗﺛﻣﺎﺭ‪.‬‬
‫ً‬
‫ﻭﺗﻘﻭﻝ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﻟﻡ‪ ‬ﺗﺣﺩﺩ‪ ‬ﺃﻳﺿﺎ‪ ‬ﻣﻬﻣﺔ‪ ‬ﻭﺻﻼﺣﻳﺎﺕ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﻭﺍﻛﺗﻔﺕ‪ ‬ﺑﺎﻟﻘﻭﻝ‪ ‬ﺃﻧﻬﺎ‪ ‬ﺇﺩﺍﺭﺓ‪ ‬ﻭﺍﺳﺗﺛﻣﺎﺭ‪ ٬‬ﻭﺃﻥ‪ ‬ﻋﺑﺎﺭﺓ‪ ‬ﺗﺣﺩﻳﺩ‬
‫‪2/8‬‬
‫‪https://mail.google.com/mail/u/0/?ui=2&ik=90548cdd42&view=pt&search=inbox&th=1438af1654bb7d17‬‬
‫ر‬
‫ا‬
‫ا‬
‫ا‬
‫ف‬
‫‪Gmail - {Kantakji Group}. Add '12378' Ø‬‬
‫‪1/13/14‬‬
‫ﺗﻌﻧﻲ‪ ‬ﺗﺑﻳﺎﻥ‪ ‬ﻣﻔﺻﻝ‪ ‬ﻟﻣﻭﺟﺑﺎﺕ‪ ‬ﺍﻟﻭﻛﻳﻝ‪ ‬ﻭﺣﺩﻭﺩﻫﺎ‪ ‬ﺑﻣﺎ‪ ‬ﻳﻣﻛﻥ‪ ‬ﺍﻟﻣﺗﻌﺎﻗﺩ‪ ‬ﻣﻥ‪ ‬ﻣﻌﺭﻓﺔ‪ ‬ﻣﺎ‪ ‬ﺇﺫﺍ‪ ‬ﻛﺎﻥ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﻳﺗﺟﺎﻭﺯ‪ ‬ﺍﻟﺣﺩﻭﺩ‪ ‬ﺍﻟﻣﻌﻳﻧﺔ‪ ‬ﻟﻪ‪٬‬‬
‫ً‬
‫ﻭﺃﻧﻪ‪ ‬ﻟﻡ‪ ‬ﻳﺗﻣﺕ‪ ‬ﺃﻳﺿﺎ‪ ‬ﺗﺣﺩﻳﺩ‪ ‬ﻣﺻﺎﺭﻳﻑ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﺃﻭ‪ ‬ﻛﻳﻔﻳﺔ‪ ‬ﺗﺣﺩﻳﺩﻫﺎ‪ ‬ﻭﺍﺳﺗﻳﻔﺎﺋﻬﺎ‪ ٬‬ﻓﺿﻼ‪ ‬ﻋﻥ‪ ‬ﻋﺩﻡ‪ ‬ﻭﺟﻭﺩ‪ ‬ﺗﺻﺭﻳﺢ‪ ‬ﻣﻔﺻﻝ‪ ‬ﻭﻭﺍﺿﺢ‪ ‬ﻳﺑﻳﻥ‬
‫ﺑﺷﻛﻝ‪ ‬ﻣﺣﺩﺩ‪ ‬ﻣﺎ‪ ‬ﺇﺫﺍ‪ ‬ﻛﺎﻥ‪ ‬ﺍﻟﻣﻧﺷﺊ‪ ‬ﻳﻔﻭﺽ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﺗﻭﻅﻳﻑ‪ ‬ﺍﻟﺫﻣﺔ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ‬ﻓﻲ‪ ‬ﻣﺟﺎﻻﺕ‪ ‬ﻳﻛﻭﻥ‪ ‬ﻓﻳﻬﺎ‪ ‬ﻟﻠﻣﺅﺗﻣﻥ‪ ‬ﻣﺻﻠﺣﺔ‪ ‬ﻣﺑﺎﺷﺭﺓ‪ ‬ﺃﻭ‬
‫ﻏﻳﺭ‪ ‬ﻣﺑﺎﺷﺭﺓ‪ ٬‬ﻣﺎ‪ ‬ﺃﺩﻯ‪ ‬ﺇﻟﻰ‪ ‬ﻣﺧﺎﻟﻔﺔ‪ ‬ﺟﺳﻳﻣﺔ‪ ‬ﻟﻠﻘﺎﻧﻭﻥ‪.‬‬
‫ﺛﺎﻟﺛﺎ"‪ :‬ﻓﻲ‪ ‬ﺁﺟﺎﻝ‪ ‬ﺍﻟﻌﻘﻭﺩ‬
‫ً‬
‫ﻭﻓﻲ‪ ‬ﺍﻟﻣﺧﺎﻟﻔﺎﺕ‪ ‬ﺃﻳﺿﺎ‪ ‬ﻗﺎﻟﺕ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺃﻧﻪ‪ ‬ﻟﻡ‪ ‬ﻳﺗﻡ‪ ‬ﺗﺣﺩﻳﺩ‪ ‬ﺃﺟﻝ‪ ‬ﺍﻟﻌﻘﺩ‪ ٬‬ﻭﺃﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﻟﻡ‪ ‬ﻳﺗﺿﻣﻥ‪ ‬ﺑﺎﻟﺗﺎﻟﻲ‪ ‬ﺍﻟﺣﺩ‪ ‬ﺍﻷﺩﻧﻰ‪ ‬ﻣﻥ‪ ‬ﺍﻟﺑﻳﺎﻧﺎﺕ‬
‫ً‬
‫ﺍﻟﻣﻔﺭﻭﺿﺔ‪ ‬ﻗﺎﻧﻭﻧﺎ‪ ‬ﻣﺎ‪ ‬ﻳﺅﺩﻱ‪ ‬ﺇﻟﻰ‪ ‬ﺑﻁﻼﻧﻪ‪ ‬ﺑﻁﻼﻧﺎ‪ ‬ﻣﻁﻠﻘﺎ‪ ٬‬ﻭﺃﻥ‪ ‬ﺍﻟﺑﻁﻼﻥ‪ ‬ﺍﻟﻣﻁﻠﻕ‪ ‬ﻳﺅﺩﻱ‪ ‬ﺇﻟﻰ‪ ‬ﺍﻋﺗﺑﺎﺭ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﻛﺄﻧﻪ‪ ‬ﻟﻡ‪ ‬ﻳﻛﻥ‪ ‬ﻭﺍﺳﺗﻁﻼﺩﺕ‬
‫ﺍﻧﻪ‪ ‬ﻳﻘﺗﺿﻲ‪ ‬ﺍﻋﻼﻥ‪ ‬ﺑﻁﻼﻥ‪ ‬ﻋﻘﺩ‪ 01/11/2008 ‬ﻟﻌﻠﺔ‪ ‬ﺍﻟﺧﺩﺍﻉ‪ ‬ﻭﺫﻟﻙ‪ ‬ﺳﻧﺩﺍ‪ ‬ﻟﻠﻣﺎﺩﺓ‪ 208 ‬ﻡ‪.‬ﻉ‪ ‬ﺑﺎﻋﺗﺑﺎﺭ‪ ‬ﺍﻥ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﻟﻳﺱ‪ ‬ﻣﻣﺗﻬﻥ‪ ‬ﻓﻲ‬
‫ﻋﻣﻠﻳﺎﺕ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﻋﻛﺱ‪ ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ‪ ‬ﺍﻟﺫﻱ‪ ‬ﻳﻘﻊ‪ ‬ﻋﻠﻳﻪ‪ ‬ﻣﻭﺟﺏ‪ ‬ﺍﻋﻼﻡ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﻋﻥ‪ ‬ﻣﺧﺎﻁﺭ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ٬‬ﻭﺃﻧﻪ‪ ‬ﺑﺎﻟﺭﻏﻡ‪ ‬ﻣﻥ‪ ‬ﺫﻟﻙ‬
‫ﺗﻌﻣﺩ‪ ‬ﺇﺧﻔﺎء‪ ‬ﻣﻌﻠﻭﻣﺎﺕ‪ ‬ﻭﻣﺳﺗﻧﺩﺍﺕ‪ ٬‬ﻭﺣﺗﻰ‪ ‬ﺗﻣﻧﻊ‪ ‬ﻋﻥ‪ ‬ﺍﻟﺗﻔﺳﻳﺭ‪ ‬ﻟﻠﻣﺩﻋﻲ‪ ‬ﻣﺎﺫﺍ‪ ‬ﻳﻌﻧﻲ‪ ‬ﻫﺫﺍ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﻭﻣﺧﺎﻁﺭﻩ‪ ‬ﻟﻳﺗﻣﻛﻥ‪ ‬ﻫﺫﺍ‪ ‬ﺍﻷﺧﻳﺭ‬
‫ﻣﻥ‪ ‬ﺍﻟﻭﻗﻭﻑ‪ ‬ﺣﻭﻝ‪ ‬ﻣﺎ‪ ‬ﺗﻘﺩﻡ‪ ‬ﺇﻟﻳﻪ‪ ٬‬ﻭﺃﻥ‪ ‬ﺍﻟﺣﻣﻠﺔ‪ ‬ﺍﻟﺗﺳﻭﻳﻘﻳﺔ‪ ‬ﺍﻟﺗﻲ‪ ‬ﻗﺎﻡ‪ ‬ﺑﻬﺎ‪ ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ‪ ‬ﺃﻭﺿﺣﺕ‪ ‬ﺃﻥ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﺍﻟﻣﺫﻛﻭﺭ‪ ‬ﻣﺿﻣﻭﻥ‬
‫ﺍﻟﻧﺗﺎﺋﺞ‪ ‬ﻭﺧﺎﻝ‪ ‬ﻣﻥ‪ ‬ﺃﻱ‪ ‬ﻣﺧﺎﻁﺭ‪.‬‬
‫ﻭﻟﻘﺩ‪ ‬ﺣﻣﻠﺕ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺑﻳﺕ‪ ‬ﺍﻟﺗﻣﻭﻳﻝ‪ ‬ﺍﻟﻌﺭﺑﻲ‪ ‬ﺗﻬﻣﺔ‪ ‬ﻣﺧﺎﻟﻔﺔ‪ ‬ﺍﻟﻧﺻﻭﺹ‪ ‬ﻭﺣﺟﺏ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻟﻌﻣﻳﻝ‪ ‬ﻛﺎﻓﺔ‪ ‬ﺍﻟﻣﻌﻠﻭﻣﺎﺕ‪ ‬ﺍﻟﻼﺯﻣﺔ‪ ‬ﻭﺍﻟﻣﻔﺭﻭﺿﺔ‬
‫ًﻧﺎ‪ ‬ﺑﻐﻳﺔ‪ ‬ﺣﻣﻠﻪ‪ ‬ﻋﻠﻰ‪ ‬ﺗﺳﻠﻳﻣﻪ‪ ‬ﺍﻟﻣﺎﻝ‪ ٬‬ﻋﻠﻡ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﺑﻬﺫﻩ‪ ‬ﺍﻟﻣﻌﻠﻭﻣﺎﺕ‪ ‬ﺍﻟﻬﺎﻣﺔ‪ ‬ﻟﻣﺎ‪ ‬ﺃﻗﺩﻡ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻟﺗﻌﺎﻗﺩ‪ ‬ﺩﺃ‬
‫ﻗﺎﻧﻭ‬
‫ﻭﻛﺫﻟﻙ‪ ‬ﺭﺩﺕ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺍﻟﺣﺟﻡ‪ ‬ﺍﻟﺗﻲ‪ ‬ﺧﺩﻣﺕ‪ ‬ﻣﻥ‪ ‬ﺑﻳﺕ‪ ‬ﺍﻟﺗﻣﻭﻳﻝ‪ ‬ﺍﻟﻌﺭﺑﻲ‪ ‬ﺵ‪.‬ﻡ‪.‬ﻝ‪) ‬ﻣﺻﺭﻑ‪ ‬ﺍﺳﻼﻣﻲ(‪ ٬‬ﻭﻛﻳﻠﻪ‪ ‬ﺍﻻﺳﺗﺎﺫ‪ ‬ﻧﺑﻳﻝ‪ ‬ﻣﻌﺎﺩ‬
‫ﻻﺋﺣﺔ‪ ‬ﺟﻭﺍﺑﻳﺔ‪ ‬ﻋﺭﺽ‪ ‬ﻓﻳﻬﺎ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﺍﺳﺗﺛﻣﺭ‪ ‬ﻓﻲ‪ ‬ﺷﺭﻛﺔ‪ ‬ﻣﺭﺳﻲ‪ ‬ﺳﻳﻑ‪ ‬ﻟﻼﺳﺗﺛﻣﺎﺭ‪ ‬ﺍﻟﻣﺣﺩﻭﺩﺓ‪ ‬ﻋﺑﺭ‪ ‬ﺍﻻﻛﺗﺗﺎﺏ‪ ‬ﺏ‪ /2850/ ‬ﺳﻬﻣﺎ‬
‫ﺑﻘﻳﻣﺔ‪ 285.000 ‬ﺩﺃ‪ ٬‬ﻭﺃﻧﻪ‪ ‬ﺑﻣﻘﺗﺿﻰ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ٬520/96 ‬ﻗﺎﻡ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﺑﺗﻭﻛﻳﻝ‪ ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ‪ ‬ﻻﺩﺍﺭﺓ‪ ‬ﻭﺍﺳﺗﺛﻣﺎﺭ‪ ‬ﺍﻻﻣﻭﺍﻝ‪ ‬ﺍﻟﻣﺳﺗﺛﻣﺭﺓ‬
‫ﻟﻘﺎء‪ ‬ﺃﺟﺭ‪ ‬ﻣﻌﻳﻥ‪ ‬ﻳﺣﺻﻝ‪ ‬ﻣﻥ‪ ‬ﺍﻟﺩﻓﻌﺎﺕ‪ ‬ﺍﻟﻭﺍﺭﺩﺓ‪ ‬ﻣﻥ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﻭﻧﺳﺑﺔ‪ ‬ﻣﻥ‪ ‬ﺭﺃﺱ‪ ‬ﺍﻟﻣﺎﻝ‪ ‬ﺑﻧﺳﺑﺔ‪ %21 ‬ﻋﻠﻰ‪ ‬ﺃﻥ‪ ‬ﻳﻌﺗﺑﺭ‪ ‬ﻛﻝ‪ ‬ﻣﺎ‪ ‬ﻳﺗﺣﻘﻕ‬
‫ﺯﻳﺎﺩﺓ‪ ‬ﻋﻥ‪ ‬ﺍﻷﺭﺑﺎﺡ‪ ‬ﺑﻣﺛﺎﺑﺔ‪ ‬ﺣﺎﻓﺯ‪ ‬ﻟﻠﻣﺻﺭﻑ‪ ‬ﻭﻳﺗﻡ‪ ‬ﺗﻭﺯﻳﻊ‪ ‬ﺍﻷﺭﺑﺎﺡ‪ ‬ﻋﻧﺩ‪ ‬ﺗﺣﺻﻳﻠﻬﺎ‪ ‬ﺑﻌﺩ‪ ‬ﺍﻗﺗﻁﺎﻉ‪ ‬ﺃﺟﺭ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﺑﻧﺳﺑﺔ‪ %50 ‬ﻣﻥ‪ ‬ﺭﺃﺱ‬
‫ﺍﻟﻣﺎﻝ‪ ٬‬ﻭﺃﻥ‪ ‬ﻋﻣﻠﻳﺎﺕ‪ ‬ﺍﻻﻛﺗﺗﺎﺏ‪ ‬ﺗﻣﺕ‪ ‬ﻣﻥ‪ ‬ﻗﺑﻝ‪ ‬ﺍﻟﻌﻣﻼء‪ ‬ﺑﺄﻧﻔﺳﻬﻡ‪ ٬‬ﻭﻣﻥ‪ ‬ﺑﻳﻧﻬﻡ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ٬‬ﻭﺫﻟﻙ‪ ‬ﺑﻌﺩ‪ ‬ﺍﻻﻁﻼﻉ‪ ‬ﻋﻠﻰ‪ ‬ﻫﻳﻛﻠﻳﺔ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‬
‫ﻭﻋﻠﻰ‪ ‬ﻣﺫﻛﺭﺓ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﺍﻟﺧﺎﺹ‪ ‬ﻭﺗﻭﺍﺭﻳﺦ‪ ‬ﺍﻻﻧﺟﺎﺯ‪ ‬ﺍﻟﻣﺗﻭﻗﻌﺔ‪ ‬ﻭﻋﻠﻰ‪ ‬ﺷﺭﻭﻁ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﺍﻟﺗﻲ‪ ‬ﺗﺗﺿﻣﻥ‪ ‬ﻣﺧﺎﻁﺭ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﺑﺎﻹﺿﺎﻓﺔ‬
‫ﺇﻟﻰ‪ ‬ﺍﻷﺭﺑﺎﺡ‪ ‬ﻭﺍﻟﻌﺎﺋﺩﺍﺕ‪ ‬ﺍﻟﻣﺗﻭﻗﻌﺔ‪ ٬‬ﻭﺃﻧﻪ‪ ‬ﻭﺭﺩ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻣﺫﻛﺭﺓ‪ ‬ﺍﻟﻣﺷﺎﺭ‪ ‬ﺇﻟﻳﻬﺎ‪ ‬ﺃﻥ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﻏﻳﺭ‪ ‬ﻣﺿﻣﻭﻥ‪ ‬ﺍﻟﻧﺗﺎﺋﺞ‪ ‬ﻭﻳﺣﺗﻭﻱ‪ ‬ﻋﻠﻰ‬
‫ﻣﺧﺎﻁﺭ‪ ‬ﻋﺩﻳﺩﺓ‪ ٬‬ﻭﺃﻥ‪ ‬ﺑﻌﺽ‪ ‬ﺍﻟﺗﻁﻭﺭﺍﺕ‪ ‬ﺍﺳﺗﺟﺩﺕ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻟﻣﺷﺭﻭﻉ‪ ‬ﺃﺩﺕ‪ ‬ﺇﻟﻰ‪ ‬ﺗﺄﺧﺭ‪ ‬ﺷﺭﻛﺔ‪ ‬ﻣﺭﺳﻲ‪ ‬ﺍﻟﺳﻳﻑ‪ ‬ﺑﺗﻧﻔﻳﺫ‪ ‬ﻣﻭﺿﻭﻉ‬
‫ً‬
‫ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ٬‬ﺇﻻ‪ ‬ﺃﻥ‪ ‬ﺫﻟﻙ‪ ‬ﻻ‪ ‬ﻳﻌﻧﻲ‪ ‬ﺃﻥ‪ ‬ﺍﻷﺳﻬﻡ‪ ‬ﻓﻘﺩﺕ‪ ‬ﻗﻳﻣﺗﻬﺎ‪ ٬‬ﻭﻛﻝ‪ ‬ﻣﺎ‪ ‬ﻓﻲ‪ ‬ﺍﻷﻣﺭ‪ ‬ﺃﻥ‪ ‬ﺗﺳﻳﻳﻝ‪ ‬ﺍﻷﺳﻬﻡ‪ ‬ﺑﺎﺕ‪ ‬ﻣﺗﺄﺧﺭﺍ‪ ٬‬ﻭﺃﻧﻪ‪ ‬ﺃﺛﺭ‪ ‬ﺫﻟﻙ‪ ‬ﻭﺟﻪ‬
‫ًﺎ‪ ‬ﺇﻣﻬﺎﻟﻪ‬
‫ًﺎ‪ ‬ﻟﻠﻣﺩﻋﻲ‪ ‬ﺃﻛﺩ‪ ‬ﻟﻪ‪ ‬ﺑﻣﻭﺟﺑﻪ‪ ‬ﺃﻧﻪ‪ ‬ﻋﻠﻰ‪ ‬ﺗﻭﺍﺻﻝ‪ ‬ﻣﻊ‪ ‬ﺍﻟﺷﺭﻛﺔ‪ ‬ﺍﻟﻣﺫﻛﻭﺭﺓ‪ ‬ﻟﻣﻼﺣﻘﺔ‪ ‬ﺍﻟﺗﻁﻭﺭﺍﺕ‪ ‬ﺍﻟﺣﺎﺻﻠﺔ‪ ‬ﻁﺎﻟﺑ‬
‫ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ‪ ‬ﻛﺗﺎﺑ‬
‫ً‬
‫ﻣﻬﻠﺔ‪ ‬ﺯﻣﻧﻳﺔ‪ ‬ﻣﻌﻳﻧﺔ‪ ٬‬ﻣﻊ‪ ‬ﺍﻹﺷﺎﺭﺓ‪ ‬ﺇﻟﻰ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﻟﻡ‪ ‬ﺗﺣﺩﺩ‪ ‬ﺇﻁﻼﻗﺎ‪ ‬ﺃﻱ‪ ‬ﺗﺎﺭﻳﺦ‪ ‬ﺃﻗﺻﻰ‪ ‬ﻣﻌﻳﻥ‪ ‬ﻹﻋﺎﺩﺓ‪ ‬ﺍﻟﻣﺑﻠﻎ‪ ‬ﺍﻟﻣﺳﺗﺛﻣﺭ‪ ‬ﻭﺃﻥ‪ ‬ﺍﻟﻣﺻﺭﻑ‬
‫ﻟﻡ‪ ‬ﻳﻠﺗﺯﻡ‪ ‬ﺑﺿﻣﺎﻥ‪ ‬ﺍﻟﺭﺃﺱ‪ ‬ﺍﻟﻣﺎﻝ‪ ‬ﺃﻭ‪ ‬ﺑﺿﻣﺎﻥ‪ ‬ﺃﻳﺔ‪ ‬ﺃﺭﺑﺎﺡ‪ ‬ﺃﻭ‪ ‬ﻋﺎﺋﺩﺍﺕ‪ ‬ﺃﻭ‪ ‬ﻧﺳﺏ‪ ‬ﻣﻌﻳﻧﺔ‪ ٬‬ﻭﺃﻥ‪ ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ‪ ‬ﻫﻭ‪ ‬ﻣﺟﺭﺩ‪ ‬ﻭﻛﻳﻝ‪ ‬ﻟﻠﻣﺩﻋﻲ‬
‫ﻓﻲ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﺍﻟﻣﺫﻛﻭﺭﻭﻟﻘﺩ‪ ‬ﻗﺎﻝ‪ ‬ﺑﻳﺕ‪ ‬ﺍﻟﺗﻣﻭﻳﻝ‪ ‬ﺍﻥ‪ ‬ﻋﻘﻭﺩ‪ ‬ﺗﺧﺿﻊ‪ ‬ﻷﺣﻛﺎﻡ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﻓﻲ‪ ‬ﻛﻝ‪ ‬ﻣﺎ‪ ‬ﻻ‪ ‬ﻳﺧﺎﻟﻑ‪ ‬ﺃﺣﻛﺎﻡ‪ ‬ﻫﺫﺍ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪٬‬‬
‫ﻭﺃﻥ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 14 ‬ﻧﺻﺕ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻟﺑﻁﻼﻥ‪ ‬ﺍﻟﻣﻁﻠﻕ‪ ‬ﻓﻘﻁ‪ ‬ﻓﻲ‪ ‬ﺣﺎﻝ‪ ‬ﻟﻡ‪ ‬ﻳﻭﺿﻊ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻲ‪ ‬ﺍﻟﺻﻳﻐﺔ‪ ‬ﺍﻟﻣﻛﺗﻭﺑﺔ‪ ‬ﻭﺑﺷﻛﻝ‪ ‬ﺻﺭﻳﺢ‪ ‬ﻭﻫﺫﺍ‬
‫ﺍﻷﻣﺭ‪ ‬ﻣﺗﻭﻓﺭ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺍﻟﻣﻭﻗﻊ‪ ‬ﻣﻥ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ٬‬ﻭﺃﻥ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ ‬ﺍﻟﻣﺫﻛﻭﺭﺓ‪ ‬ﻟﻡ‪ ‬ﺗﻧﺹ‪ ‬ﺇﻁﻼﻗﺎ‪ ‬ﻋﻠﻰ‪ ‬ﺑﻁﻼﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﻓﻲ‪ ‬ﺣﺎﻝ‪ ‬ﺃﻏﻔﻝ‪ ‬ﻋﺩﻡ‪ ‬ﺇﻳﺭﺍﺩ‬
‫ﺃﻱ‪ ‬ﻣﻥ‪ ‬ﺍﻟﺑﻳﺎﻧﺎﺕ‪ ‬ﺍﻟﻣﺫﻛﻭﺭﺓ‪ ‬ﻓﻳﻬﺎ‪ ٬‬ﻭﺃﻧﻪ‪ ‬ﻻ‪ ‬ﺑﻁﻼﻥ‪ ‬ﻣﻥ‪ ‬ﺩﻭﻥ‪ ‬ﻧﺹ‪ ٬‬ﻭﺃﻧﻪ‪ ‬ﻓﻲ‪ ‬ﻣﻁﻠﻕ‪ ‬ﺍﻷﺣﻭﺍﻝ‪ ٬‬ﻓﺈﻥ‪ ‬ﺍﻟﺑﻳﺎﻧﺎﺕ‪ ‬ﺍﻟﺗﻲ‪ ‬ﻳﺗﺫﺭﻉ‪ ‬ﺍﻟﻣﺩﻋﻲ‬
‫ﺑﻧﻘﺻﺎﻧﻬﺎ‪ ‬ﻫﻲ‪:‬‬
‫‪­ ‬ﺇﻣﺎ‪ ‬ﻏﻳﺭ‪ ‬ﻣﻔﺭﻭﺿﺔ‪ ‬ﺑﻣﻭﺟﺏ‪ ‬ﺍﻟﻧﺹ‪ ‬ﻣﺛﺎﻝ‪ ‬ﻣﺎﻫﻳﺔ‪ ‬ﺍﻟﻣﺷﺭﻭﻉ‪ ‬ﻭﻣﺧﺎﻁﺭﻩ‪ ‬ﻭﻫﺎﻣﺵ‪ ‬ﺍﻟﺭﺑﺢ‪ ‬ﻭﺷﺭﻭﻁ‪ ‬ﺇﻁﻼﻕ‪ ‬ﺍﻟﻣﺷﺭﻭﻉ‪ ٬‬ﻭﻫﺫﺍ‪ ‬ﺃﻣﺭ‬
‫ﻁﺑﻳﻌﻲ‪ ‬ﻛﻭﻧﻪ‪ ‬ﻣﻥ‪ ‬ﻏﻳﺭ‪ ‬ﺍﻟﻣﻌﻘﻭﻝ‪ ‬ﺇﻳﺭﺍﺩ‪ ‬ﺫﻟﻙ‪ ‬ﻓﻲ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﻟﻌﺩﻡ‪ ‬ﺇﻣﻛﺎﻧﻳﺔ‪ ‬ﺗﻭﻓﺭ‪ ‬ﺃﻭ‪ ‬ﻋﺩﻡ‪ ‬ﻣﻌﺭﻓﺔ‪ ‬ﺍﻟﺗﻔﺎﺻﻳﻝ‪ ‬ﻋﻧﺩ‪ ‬ﺍﻟﺗﻭﻗﻳﻊ‪ ‬ﻋﻠﻰ‬
‫ﺍﻟﻌﻘﺩ‪ ‬ﺃﻭ‪ ‬ﻟﺗﻌﺎﺭﺿﻪ‪ ‬ﻣﻊ‪ ‬ﺣﻘﻭﻕ‪ ‬ﺍﻹﺩﺍﺭﺓ‪ ‬ﻭﺍﻟﺗﺻﺭﻑ‪ ‬ﺍﻟﻣﻣﻧﻭﺣﺔ‪ ‬ﻟﻠﻣﺅﺗﻣﻥ‪ ‬ﻭﺍﻟﺗﻲ‪ ‬ﺗﺷﻛﻝ‪ ‬ﺻﻠﺏ‪ ‬ﻣﻬﺎﻡ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ٬‬ﻭﺃﻧﻪ‪ ‬ﻓﻲ‪ ‬ﻣﻁﻠﻕ‬
‫ﺍﻷﺣﻭﺍﻝ‪ ‬ﺗﻡ‪ ‬ﺇﻋﻼﻡ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﺑﻛﻝ‪ ‬ﺫﻟﻙ‪ ‬ﺑﻣﺫﻛﺭﺓ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﺍﻟﺗﻲ‪ ‬ﺗﺗﺿﻣﻥ‪ ‬ﺫﻟﻙ‪ ‬ﺧﻁﻳﺎ‪ ٬‬ﻭﺃﻧﻪ‪ ‬ﻟﻭﻻ‪ ‬ﺃﺧﺫ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﻋﻠﻣﺎ‪ ‬ﺑﻛﻝ‪ ‬ﻫﺫﻩ‬
‫ﺍﻟﺗﻔﺎﺻﻳﻝ‪ ‬ﻟﻣﺎ‪ ‬ﻛﺎﻥ‪ ‬ﻗﺭﺭ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﻭﺗﻭﻗﻳﻊ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﻟﻳﺳﺗﺛﻣﺭ‪ ‬ﺍﻟﻣﺻﺭﻑ‪ ‬ﻟﺻﺎﻟﺣﻪ‪.‬‬
‫ًﺎ‪ ‬ﻷﺣﻛﺎﻡ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ٬520/96 ‬ﻭﺍﺳﻡ‪ ‬ﻭﻣﺣﻝ‬
‫ً‪ ‬ﻓﻲ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﻣﺛﺎﻝ‪ ‬ﺍﻹﺷﺎﺭﺓ‪ ‬ﺍﻟﺻﺭﻳﺣﺔ‪ ‬ﺑﺄﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﻣﻧﻅﻡ‪ ‬ﻭﻓﻘ‬
‫‪­ ‬ﺃﻣﺎ‪ ‬ﺃﻧﻬﺎ‪ ‬ﻣﺗﻭﻓﺭﺓ‪ ‬ﺃﺻﻼ‬
‫‪3/8‬‬
‫‪https://mail.google.com/mail/u/0/?ui=2&ik=90548cdd42&view=pt&search=inbox&th=1438af1654bb7d17‬‬
‫ر‬
‫ا‬
‫ا‬
‫ا‬
‫ف‬
‫‪Gmail - {Kantakji Group}. Add '12378' Ø‬‬
‫‪1/13/14‬‬
‫ﺇﻗﺎﻣﺔ‪ ‬ﻭﻣﻬﻧﺔ‪ ‬ﻛﻝ‪ ‬ﻣﺗﻌﺎﻗﺩ‪ ‬ﻭﻛﻝ‪ ‬ﻣﺳﺗﻔﻳﺩ‪ ٬‬ﻛﻭﻥ‪ ‬ﺗﻔﺎﺻﻳﻝ‪ ‬ﺍﻟﻌﻣﻳﻝ‪ ‬ﻭﺍﺭﺩﺓ‪ ‬ﻭﺗﻔﺎﺻﻳﻝ‪ ‬ﺍﻟﻣﺻﺭﻑ‪ ‬ﻣﻌﺭﻭﻓﺔ‪ ‬ﻭﻭﺍﺭﺩﺓ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻟﻣﺳﺗﻧﺩﺍﺕ‪٬‬‬
‫ﻭﺗﺣﺩﻳﺩ‪ ‬ﻛﻝ‪ ‬ﻋﻧﺻﺭ‪ ‬ﻣﻥ‪ ‬ﻋﻧﺎﺻﺭ‪ ‬ﺍﻟﺫﻣﺔ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ٬‬ﻭﻓﻲ‪ ‬ﺍﻟﺣﺎﻟﺔ‪ ‬ﺍﻟﺭﺍﻫﻧﺔ‪ ‬ﻫﻭ‪ ‬ﻣﺑﻠﻎ‪ ‬ﻧﻘﺩﻱ‪ ‬ﻭﺍﺭﺩ‪ ‬ﺻﺭﺍﺣﺔ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ٬‬ﻭﺗﺣﺩﻳﺩ‪ ‬ﻣﻬﻣﺔ‬
‫ﻭﺻﻼﺣﻳﺎﺕ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﺑﺷﻛﻝ‪ ‬ﻳﻭﺿﺢ‪ ‬ﻋﻧﺩ‪ ‬ﺍﻻﻗﺗﺿﺎء‪ ‬ﺃﻧﻬﺎ‪ ‬ﺗﺗﺿﻣﻥ‪ ‬ﺣﻕ‪ ‬ﺍﻟﺗﺻﺭﻑ‪ ٬‬ﺇﺫ‪ ‬ﻭﺭﺩ‪ ‬ﻓﻲ‪ ‬ﻣﻁﻠﻊ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﻋﺑﺎﺭﺓ‪ ‬ﻧﻔﻭﺿﻛﻡ‬
‫ﺑﺈﺩﺍﺭﺓ‪ ‬ﻭﺍﺳﺗﺛﻣﺎﺭ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻷﻣﻭﺍﻝ‪ ٬‬ﻛﻣﺎ‪ ‬ﻭﺭﺩﺕ‪ ‬ﺻﻼﺣﻳﺎﺕ‪ ‬ﺍﻟﻣﺻﺭﻑ‪ ‬ﻓﻲ‪ ‬ﺍﻟﺑﻧﻭﺩ‪1 ‬ﻭ‪ 3 ‬ﻣﻥ‪ ‬ﺷﺭﻭﻁ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﻭﻣﻥ‪ ‬ﺑﻳﻧﻬﺎ‪ ‬ﺣﻕ‪ ‬ﺇﺩﺍﺭﺓ‬
‫ًﺎ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻣﺷﺭﻭﻉ‪ ‬ﻣﻭﺿﻭﻉ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ٬‬ﻭﻣﻘﺩﺍﺭ‪ ‬ﻋﻣﻭﻻﺕ‪ ‬ﻭﺃﺟﻭﺭ‪ ‬ﻭﻣﺻﺎﺭﻳﻑ‬
‫ﻭﺍﺳﺗﺛﻣﺎﺭ‪ ‬ﺍﻷﻣﻭﺍﻝ‪ ‬ﺑﺎﻷﺳﻠﻭﺏ‪ ‬ﺍﻟﺫﻱ‪ ‬ﻳﺭﺍﻩ‪ ‬ﺍﻟﻣﺻﺭﻑ‪ ‬ﻣﻧﺎﺳﺑ‬
‫ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﻭﺳﻭﺍﻫﺎ‪ ‬ﺃﻭ‪ ‬ﻛﻳﻔﻳﺔ‪ ‬ﺗﺣﺩﻳﺩﻫﺎ‪ ‬ﻭﺍﺳﺗﻳﻔﺎﺋﻬﺎ‪ ‬ﻭﻛﻝ‪ ‬ﺫﻟﻙ‪ ‬ﻭﺍﺭﺩ‪ ‬ﻓﻲ‪ ‬ﻧﺹ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ٬‬ﻭﺗﺻﺭﻳﺣﺎ‪ ‬ﻣﻔﺻﻼ‪ ‬ﻭﻭﺍﺿﺣﺎ‪ ‬ﻳﺑﻳﻥ‪ ‬ﺑﺷﻛﻝ‪ ‬ﻣﺣﺩﺩ‬
‫ﻣﺎ‪ ‬ﺇﺫﺍ‪ ‬ﻛﺎﻥ‪ ‬ﺍﻟﻣﻧﺷﺊ‪ ‬ﻳﻔﻭﺽ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﺗﻭﻅﻳﻑ‪ ‬ﺍﻟﺫﻣﺔ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ‬ﻓﻲ‪ ‬ﻣﺟﺎﻻﺕ‪ ‬ﻳﻛﻭﻥ‪ ‬ﻓﻳﻬﺎ‪ ‬ﻟﻠﻣﺅﺗﻣﻥ‪ ‬ﻣﺻﻠﺣﺔ‪ ‬ﻣﺑﺎﺷﺭﺓ‪ ‬ﺃﻭ‪ ‬ﻏﻳﺭ‪ ‬ﻣﺑﺎﺷﺭﺓ‪٬‬‬
‫ﻭﻓﻲ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ‪ ‬ﺍﻟﺣﺎﺿﺭﺓ‪ ‬ﺍﻟﻌﻣﻳﻝ‪ ‬ﻗﺩ‪ ‬ﺣﺩﺩ‪ ‬ﺃﺻﻼ‪ ‬ﺍﺳﻡ‪ ‬ﺍﻟﻣﺷﺭﻭﻉ‪ ‬ﻭﻭﺭﺩﺕ‪ ‬ﺿﻣﻥ‪ ‬ﺷﺭﻭﻁﻬﺎ‪ ‬ﺇﻣﻛﺎﻧﻳﺔ‪ ‬ﻣﺳﺎﻫﻣﺔ‪ ‬ﺍﻟﻣﺻﺭﻑ‪ ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ‬
‫ً‬
‫ﻓﻲ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﻭﻣﻭﺍﻓﻘﺔ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﻋﻠﻰ‪ ‬ﺫﻟﻙ‪ ٬‬ﻋﻠﻣﺎ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ‪ ‬ﻟﻳﺱ‪ ‬ﺻﺎﺣﺏ‪ ‬ﺍﻟﻣﺷﺭﻭﻉ‪ ‬ﻣﻭﺿﻭﻉ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ٬‬ﻭﺃﺧﻳﺭﺍ‪ ‬ﺗﺣﺩﻳﺩ‬
‫ﺍﻷﺟﻝ‪ ‬ﺃﻱ‪ ‬ﺃﺟﻝ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﻭﻟﻳﺱ‪ ‬ﺃﺟﻝ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪.‬‬
‫ﺭﺍﺑﻌﺎ"‪ :‬ﻣﺻﺎﻟﺢ‪ ‬ﺍﻟﻣﺳﺗﺛﻣﺭﻳﻥ‬
‫ﻭﺑﺩﻳﻬﻲ‪ ‬ﺗﺄﻛﻳﺩﻩ‪ ‬ﺍﻥ‪ ‬ﺍﻟﺣﻛﻡ‪ ‬ﻗﺩ‪ ‬ﺃﻛﺩ‪ ‬ﻋﻠﻰ‪ ‬ﺩﻭﺭ‪ ‬ﺍﻟﻣﺻﺎﺭﻑ‪ ‬ﺍﻻﺳﻼﻣﻳﺔ‪ ‬ﻓﻲ‪ ‬ﺭﻋﺎﻳﺔ‪ ‬ﻣﺻﺎﻟﺢ‪ ‬ﺍﻟﻣﺳﺗﺛﻣﺭﻳﻥ‬
‫‪ ‬ﻭﻗﺎﻟﺕ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻬﺩﻑ‪ ‬ﺍﻷﺳﺎﺳﻲ‪ ‬ﺍﻟﺫﻱ‪ ‬ﺭﻣﻰ‪ ‬ﻣﺷﺭﻭﻉ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺇﻟﻰ‪ ‬ﺗﺣﻘﻳﻘﻪ‪ ‬ﻋﺑﺭ‪ ‬ﺗﻧﻅﻳﻡ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ٬‬ﻫﻭ‪ ‬ﺍﻟﺳﻣﺎﺡ‪ ‬ﻟﻠﻣﺻﺎﺭﻑ‬
‫ً‪ ‬ﻟﺩﻯ‪ ‬ﻣﺻﺭﻑ‪ ‬ﻟﺑﻧﺎﻥ‪ ٬‬ﺃﻥ‪ ‬ﺗﺳﺗﺛﻣﺭ‪ ‬ﺗﺣﺕ‪ ‬ﺭﻗﺎﺑﺗﻪ‪ ‬ﻭﺇﺷﺭﺍﻓﻪ‪ ٬‬ﺍﻷﺻﻭﻝ‪ ‬ﺍﻟﻣﺳﻠﻣﺔ‪ ‬ﻟﻬﺎ‪ ٬‬ﻓﻲ‬
‫ﻭﺍﻟﻣﺅﺳﺳﺎﺕ‪ ‬ﺍﻟﻣﺎﻟﻳﺔ‪ ‬ﺍﻟﻣﺳﺟﻠﺔ‪ ‬ﺃﺻﻭﻻ‬
‫ﻣﺷﺎﺭﻳﻊ‪ ‬ﺍﻗﺗﺻﺎﺩﻳﺔ‪ ‬ﻣﺧﺗﻠﻔﺔ‪ ٬‬ﻭﺫﻟﻙ‪ ‬ﻟﻣﺻﻠﺣﺔ‪ ‬ﻣﺎﻟﻛﻲ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻷﺻﻭﻝ‪ ‬ﻭﻋﻠﻰ‪ ‬ﻣﺳﺅﻭﻟﻳﺗﻬﻡ‪ ٬‬ﻣﻣﺎ‪ ‬ﻳﺧﻭﻝ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻟﻣﺻﺎﺭﻑ‪ ‬ﻭﺍﻟﻣﺅﺳﺳﺎﺕ‬
‫ﺍﻟﻣﺎﻟﻳﺔ‪ ‬ﺍﻟﺗﺩﺧﻝ‪ ‬ﻣﺑﺎﺷﺭﺓ‪ ‬ﻓﻲ‪ ‬ﺻﻠﺏ‪ ٬‬ﻫﺫﻩ‪ ‬ﺍﻟﻣﺷﺎﺭﻳﻊ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭﻳﺔ‪ ‬ﻭﻟﻳﺱ‪ ‬ﻓﻘﻁ‪ ‬ﺗﺣﺻﻳﻝ‪ ‬ﻋﻣﻭﻻﺕ‪ ‬ﻭﻓﻭﺍﺋﺩ‪ ٬‬ﻭﺫﻟﻙ‪ ‬ﺳﻳﺳﺎﻋﺩ‪ ‬ﺑﺎﻟﺗﺄﻛﻳﺩ‬
‫ﻋﻠﻰ‪ ‬ﺗﻁﻭﻳﺭ‪ ‬ﺍﻟﻘﺩﺭﺍﺕ‪ ‬ﺍﻟﻣﺎﻟﻳﺔ‪ ‬ﺍﻟﻣﻭﺟﻭﺩﺓ‪ ٬‬ﻭﺳﻳﺳﺎﻋﺩ‪ ‬ﻋﻠﻰ‪ ‬ﺍﺳﺗﻔﺎﺩﺓ‪ ‬ﺍﻻﻗﺗﺻﺎﺩ‪ ‬ﺍﻟﻭﻁﻧﻲ‪ ‬ﺑﺷﻛﻝ‪ ‬ﺃﻓﺿﻝ‪٬‬‬
‫ﻳﺭﺍﺟﻊ‪ ‬ﺣﻭﻝ‪ ‬ﺍﻟﻣﻭﺿﻭﻉ‪:‬‬
‫‪“Le but essential que le projet de loi vise à atteindre à travers l’organisation des‬‬
‫‪contrats fiduciaires est de permettre aux banques et institutions financiers dument‬‬
‫‪enregistrées auprès de la banque du Liban d’investir, sous son contrôle et sa‬‬
‫‪supervision, les valeurs confiées dans des projets économiques divers pour le compte‬‬
‫‪des propriétaires de ces valeurs et sous leurs propres responsabilitésm permettant‬‬
‫‪ainsi aux banques et institutions financiers d’intervenir directement au cœur des projets‬‬
‫‪d’investissement et non seulement d’accumuler des commissions et des intérêts; ceci‬‬
‫‪participera certainement à l’activation des capacités monétaires existante et‬‬
‫”‪contribuera à faire bénéficier l’économie nationale de son apport d’une meilleure façon‬‬
‫‪(Achir Bassam El Daye, La fiducie en droit prive libanais, Presse universitaire de‬‬
‫)‪Strasbourg, 2008, 24eme collection de l’université Robert Shuman, page 23‬‬
‫‪ ‬‬
‫ﺧﺎﻣﺳﺎ"‪ : ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‬
‫ﻭﻟﻌﻝ‪ ‬ﺍﻫﻡ‪ ‬ﻣﺎ‪ ‬ﻓﻲ‪ ‬ﺍﻟﺣﻛﻡ‪ ‬ﻣﺎ‪ ‬ﺍﻛﺩﺗﻪ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺣﻭﻝ‪ ‬ﺩﻭﺭ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪.‬‬
‫ﺍﻭﻻ"‪ :‬ﻳﺗﺑﻳﻥ‪ ‬ﺑﺎﻟﺗﺎﻟﻲ‪ ‬ﻣﻥ‪ ‬ﺍﻷﺳﺑﺎﺏ‪ ‬ﺍﻟﻣﻭﺟﺑﺔ‪ ‬ﻟﻠﻘﺎﻧﻭﻥ‪ ٬520/96 ‬ﺃﻥ‪ ‬ﺍﻟﻣﺷﺗﺭﻉ‪ ‬ﺃﺭﺍﺩ‪ ‬ﺍﻟﺳﻣﺎﺡ‪ ‬ﻟﻠﻣﺻﺎﺭﻑ‪ ‬ﻭﺍﻟﻣﺅﺳﺳﺎﺕ‪ ‬ﺍﻟﻣﺎﻟﻳﺔ‬
‫ﺍﻟﺗﺩﺧﻝ‪ ‬ﻣﺑﺎﺷﺭﺓ‪ ‬ﻓﻲ‪ ‬ﻣﺷﺎﺭﻳﻊ‪ ‬ﺍﺳﺗﺛﻣﺎﺭﻳﺔ‪ ‬ﻓﻲ‪ ‬ﻟﺑﻧﺎﻥ‪ ‬ﻭﻓﻲ‪ ‬ﺍﻟﺧﺎﺭﺝ‪ ‬ﻣﻣﺎ‪ ‬ﺳﻳﺳﺎﻫﻡ‪ ‬ﻓﻲ‪ ‬ﺗﻧﻣﻳﺔ‪ ‬ﺍﻟﻌﺟﻠﺔ‪ ‬ﺍﻻﻗﺗﺻﺎﺩﻳﺔ‪ ‬ﺑﺷﻛﻝ‪ ‬ﻳﻔﻳﺩ‪ ‬ﺍﻻﻗﺗﺻﺎﺩ‬
‫ﺍﻟﻣﺣﻠﻲ‪٬‬‬
‫ﺛﺎﻧﻳﺎ"‪ :‬ﺩﻭﺭ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ‬ﻓﻲ‪ ‬ﺗﻧﻣﻳﺔ‪ ‬ﺍﻻﻗﺗﺻﺎﺩ‪ ‬ﺍﻟﻣﺣﻠﻲ‪ ‬ﻭﺗﻘﻭﻝ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ"‪: ‬‬
‫‪4/8‬‬
‫‪https://mail.google.com/mail/u/0/?ui=2&ik=90548cdd42&view=pt&search=inbox&th=1438af1654bb7d17‬‬
‫ر‬
‫ا‬
‫ا‬
‫ا‬
‫ف‬
‫‪Gmail - {Kantakji Group}. Add '12378' Ø‬‬
‫‪1/13/14‬‬
‫"ﻭﺣﻳﺙ‪ ‬ﻳﺗﺿﺢ‪ ‬ﻣﻣﺎ‪ ‬ﺳﺑﻕ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ 520/96 ‬ﻭﺿﻊ‪ ‬ﻗﻭﺍﻋﺩ‪ ‬ﺁﻣﺭﺓ‪ ٬‬ﻟﻳﺱ‪ ‬ﻟﻣﺻﻠﺣﺔ‪ ‬ﻓﺭﻗﺎء‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻲ‪ ‬ﻓﺣﺳﺏ‪ ٬‬ﺑﻝ‪ ‬ﺃﻳﺿﺎ‬
‫ﻟﻣﺻﻠﺣﺔ‪ ‬ﺍﻻﻗﺗﺻﺎﺩ‪ ‬ﺍﻟﻣﺣﻠﻲ‪ ٬‬ﻣﻣﺎ‪ ‬ﺣﺗﻡ‪ ‬ﻭﺟﻭﺩ‪ ‬ﻗﻭﺍﻋﺩ‪ ‬ﺁﻣﺭﺓ‪ ‬ﺗﺭﻋﺎﻩ‪ ‬ﺻﻭﻧﺎ‪ ‬ﻟﻬﺫﺍ‪ ‬ﺍﻻﻗﺗﺻﺎﺩ‪ ‬ﺍﻟﺫﻱ‪ ‬ﻳﻘﺗﺿﻲ‪ ‬ﺗﻁﻭﻳﺭﻩ‪ ‬ﻭﺣﻣﺎﻳﺗﻪ‪ ٬‬ﻷﻧﻪ‪ ‬ﻳﺅﺛﺭ‬
‫ﻋﻠﻰ‪ ‬ﺍﻟﻧﻅﺎﻡ‪ ‬ﺍﻟﻌﺎﻡ‪ ‬ﺍﻟﻠﺑﻧﺎﻧﻲ‪ ‬ﻛﻛﻝ‪".‬‬
‫ﺛﺎﻟﺛﺎ"‪ :‬ﺩﻭﺭ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ‬ﻓﻲ‪ ‬ﺣﻣﺎﻳﺔ‪ ‬ﻣﺻﺎﻟﺢ‪ ‬ﺍﻻﻁﺭﺍﻑ‪ ‬ﻛﺎﻓﺔ‪ ‬ﻭﺗﻘﻭﻝ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ"‪:‬‬
‫ﻭﺣﻳﺙ‪ ‬ﺗﻭﺿﻳﺣﺎ‪ ‬ﻟﻣﺎ‪ ‬ﺳﺑﻕ‪ ٬‬ﻭﺑﺎﻟﻌﻭﺩﺓ‪ ‬ﺇﻟﻰ‪ ‬ﺍﻟﻧﺻﻭﺹ‪ ‬ﺍﻵﻣﺭﺓ‪ ‬ﺍﻟﻭﺍﺭﺩﺓ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺭﻗﻡ‪ ٬520/96 ‬ﻳﺗﺿﺢ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻣﺷﺗﺭﻉ‪ ‬ﺃﺭﺍﺩ‪ ‬ﻣﻥ‬
‫ﺧﻼﻟﻬﺎ‪ ‬ﺣﻣﺎﻳﺔ‪ ‬ﻣﺻﺎﻟﺢ‪ ‬ﺍﻟﻣﺟﺗﻣﻊ‪ ‬ﺍﻻﻗﺗﺻﺎﺩﻳﺔ‪) ٬‬ﻋﺑﺭ‪ ‬ﻧﺻﻪ‪ ‬ﻣﺛﻼ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 12 ‬ﻣﻧﻪ‪ ‬ﻋﻠﻰ‪ ‬ﺃﻧﻪ‪ ‬ﺗﻛﻭﻥ‪ ‬ﺑﺎﻁﻠﺔ‪ ‬ﺑﻁﻼﻧﺎ‪ ‬ﻣﻁﻠﻘﺎ‪ ‬ﻋﻘﻭﺩ‬
‫ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﺍﻟﺗﻲ‪ ‬ﺗﺧﺎﻟﻑ‪ ‬ﺍﻻﻧﺗﻅﺎﻡ‪ ‬ﺍﻟﻌﺎﻡ‪ ‬ﺃﻭ‪ ‬ﺍﻟﺗﻲ‪ ‬ﺗﻌﻘﺩ‪ ‬ﻋﻠﻰ‪ ‬ﺫﻣﻡ‪ ‬ﺍﺋﺗﻣﺎﻧﻳﺔ‪ ‬ﺗﺗﺿﻣﻥ‪ ‬ﺃﻳﺔ‪ ‬ﺃﻣﻭﺍﻝ‪ ‬ﺃﻭ‪ ‬ﻣﻭﺟﻭﺩﺍﺕ‪ ‬ﻧﺎﺗﺟﺔ‪ ‬ﻋﻥ‪ ‬ﻋﻣﻠﻳﺔ‪ ‬ﻋﻭﻗﺏ‬
‫ﻓﺎﻋﻠﻬﺎ‪ ‬ﺑﻌﻘﻭﺑﺔ‪ ‬ﺟﻧﺎﺋﻳﺔ‪ ‬ﺃﻭ‪ ‬ﺟﻧﺎﺣﻳﺔ(‪ ٬‬ﺫﻟﻙ‪ ‬ﺃﻥ‪ ‬ﻟﻠﻌﻘﻭﺩ‪ ‬ﺍﻹﺋﺗﻣﺎﻧﻳﺔ‪ ‬ﺗﺄﺛﻳﺭ‪ ‬ﻣﺑﺎﺷﺭ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻟﻣﺟﺗﻣﻊ‪ ‬ﺍﻻﻗﺗﺻﺎﺩﻱ‪ ‬ﻭﻳﻣﻛﻥ‪ ‬ﺍﻧﻁﻭﺍﺋﻬﺎ‪ ‬ﻣﺛﻼ‪ ‬ﻋﻠﻰ‬
‫ﻋﻣﻠﻳﺎﺕ‪ ‬ﻣﺷﺑﻭﻫﺔ‪".‬‬
‫ﻳﺭﺍﺟﻊ‪ ‬ﺣﻭﻝ‪ ‬ﺍﻟﻣﻭﺿﻭﻉ‪:‬‬
‫‪“La crainte majeure du législateur en adoptant ce nouveau type de contrat, résidait dans‬‬
‫‪la menace que, par le biais de la fiducie, les règles d’ordre public relatives aux‬‬
‫‪successions ou aux libéralités ne puissant être contoumées et qu’elle serve à masque‬‬
‫”…‪des operations de blanchiment‬‬
‫­‪(Serge Braraudo – Dictionnaire du droit privé – Définition de Fiducie­ Dictionnaire‬‬
‫)‪juridique.com‬‬
‫ﺳﺎﺩﺳﺎ"‪ :‬ﺣﻣﺎﻳﺔ‪ ‬ﻣﺻﺎﻟﺢ‪ ‬ﺍﻟﻣﻧﺷﻰء‪ ‬ﺗﺟﺎﻩ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﻭﺗﻘﻭﻝ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ"‬
‫ﻭﺣﻳﺙ‪ ‬ﻓﻲ‪ ‬ﻧﻔﺱ‪ ‬ﺍﻟﺳﻳﺎﻕ‪ ‬ﺃﺭﺍﺩ‪ ‬ﺍﻟﻣﺷﺗﺭﻉ‪ ‬ﺃﻳﺿﺎ‪ ‬ﻣﻥ‪ ‬ﺧﻼﻝ‪ ‬ﻭﺿﻊ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺍﻟﻣﺫﻛﻭﺭ‪ ‬ﺣﻣﺎﻳﺔ‪ ‬ﻣﺻﺎﻟﺢ‪ ‬ﺍﻟﻣﻧﺷﺊ‪ ‬ﺗﺟﺎﻩ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪) ٬‬ﻋﺑﺭ‬
‫ﻧﺻﻪ‪ ‬ﻣﺛﻼ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 8 ‬ﻣﻧﻪ‪ ‬ﻋﻠﻰ‪ ‬ﺃﻧﻪ‪ ‬ﻻ‪ ‬ﻳﺣﻕ‪ ‬ﻟﻠﻣﺅﺗﻣﻥ‪ ‬ﺗﻭﻅﻳﻑ‪ ‬ﺍﻟﺫﻣﻡ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ‬ﻓﻲ‪ ‬ﻣﺟﺎﻻﺕ‪ ‬ﻣﻬﻣﺎ‪ ‬ﻛﺎﻧﺕ‪ ‬ﻁﺑﻳﻌﺗﻬﺎ‪ ‬ﻳﻛﻭﻥ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‬
‫ﺷﺭﻳﻛﺎ‪ ‬ﻓﻳﻬﺎ‪ ‬ﺑﺷﻛﻝ‪ ‬ﻣﺑﺎﺷﺭ‪ ‬ﺃﻭ‪ ‬ﻏﻳﺭ‪ ‬ﻣﺑﺎﺷﺭ‪ ‬ﺃﻭ‪ ‬ﻟﻪ‪ ‬ﻣﺻﻠﺣﺔ‪ ‬ﻓﻳﻬﺎ‪ ‬ﻣﺎ‪ ‬ﻟﻡ‪ ‬ﻳﻛﻥ‪ ‬ﺫﻟﻙ‪ ‬ﻣﻭﺿﻭﻉ‪ ‬ﺗﻔﻭﻳﺽ‪ ‬ﺧﻁﻲ‪ ‬ﻭﺍﺿﺢ‪ ‬ﻭﻣﺳﺑﻕ‪ ‬ﻭﻣﺣﺩﺩ‬
‫ﻣﻥ‪ ‬ﻗﺑﻝ‪ ‬ﺍﻟﻣﻧﺷﺊ‪ ‬ﻟﺻﺎﻟﺢ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ(‪ ٬‬ﻭﺫﻟﻙ‪ ‬ﺑﻬﺩﻑ‪ ‬ﺍﺳﺗﻘﻁﺎﺏ‪ ‬ﺍﻟﻣﺳﺗﺛﻣﺭﻳﻥ‪ ‬ﻭﺗﺄﻣﻳﻥ‪ ‬ﺍﺯﺩﻫﺎﺭ‪ ‬ﺍﻷﺳﻭﺍﻕ‪ ‬ﺍﻟﻣﺎﻟﻳﺔ‪٬‬‬
‫ﻳﺭﺍﺟﻊ‪ ‬ﺣﻭﻝ‪ ‬ﺍﻟﻣﻭﺿﻭﻉ‪:‬‬
‫‪“La protection du fiduciant constitue un objectif prioriatire pour attire les‬‬
‫”‪investissements et assurer le bon fonctionnement des marches financiers‬‬
‫‪(Amal Abdallah – La protection du fiduciant dans la gestion fiduciaire de portefeuille‬‬
‫‪(étude comparative droit Français – droit Libanais) – Thèse de‬‬
‫)‪doctorat en droit – 2005‬‬
‫ﺳﺎﺑﻌﺎ"‪ : ‬ﺍﻟﺑﻳﺎﻧﺎﺕ‪ ‬ﺍﻻﺗﺯﺍﻣﻳﺔ‪ ‬ﺍﻟﻣﻁﻠﻭﺏ‪ ‬ﺗﺿﻣﻳﻧﻬﺎ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﻓﻲ‪ ‬ﻫﺫﺍ‪ ‬ﺍﻟﺷﻕ‪ ‬ﻭﺍﻓﺎﺩﺕ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‬
‫ﻭﺣﻳﺙ‪ ‬ﻳﺳﺗﺷﻑ‪ ‬ﻣﻣﺎ‪ ‬ﺗﻘﺩﻡ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻘﻭﺍﻋﺩ‪ ‬ﺍﻵﻣﺭﺓ‪ ‬ﺍﻟﻣﻧﺻﻭﺹ‪ ‬ﻋﻧﻬﺎ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺭﻗﻡ‪ 520/96 ‬ﻫﻲ‪ ‬ﻧﺻﻭﺹ‪ ‬ﺍﻟﺯﺍﻣﻳﺔ‪ ٬‬ﺗﺗﻌﻠﻕ‬
‫ﺑﺎﻻﻧﺗﻅﺎﻡ‪ ‬ﺍﻟﻌﺎﻡ‪ ٬‬ﺑﺩﻟﻳﻝ‪ ‬ﻓﺭﺽ‪ ‬ﻋﻘﻭﺑﺔ‪ ‬ﺍﻻﺣﺗﻳﺎﻝ‪ ‬ﺍﻟﻣﻧﺻﻭﺹ‪ ‬ﻋﻧﻬﺎ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 655 ‬ﻋﻘﻭﺑﺎﺕ‪ ‬ﺑﺣﻕ‪ ‬ﻛﻝ‪ ‬ﺷﺧﺹ‪ ‬ﻳﺗﺩﺧﻝ‪ ‬ﺃﻭ‪ ‬ﻳﺷﺗﺭﻙ‬
‫ﺑﻣﺧﺎﻟﻔﺔ‪ ‬ﺑﻌﺽ‪ ‬ﺃﺣﻛﺎﻣﻪ‪ ‬ﻭﻟﻘﺩ‪ ‬ﺍﻛﺩ‪ ‬ﺍﻥ‪ ‬ﻓﻘﺩﺍﻥ‪ ‬ﺍﻡ‪ ‬ﻋﺩﻡ‪ ‬ﻭﺟﻭﺩ‬
‫ﺍﻟﺑﻳﺎﻧﺎﺕ‪ ‬ﺍﻻﻟﺯﺍﻣﻳﺔ‪ ‬ﺍﻵﻣﺭﺓ‪ ‬ﺍﻟﻣﻧﺻﻭﺹ‪ ‬ﻋﻧﻬﺎ‪ ‬ﻓﻲ‪ ‬ﺍﻟﺑﻧﺩ‪ ‬ﺍﻟﺛﺎﻧﻲ‪ ‬ﻣﻥ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 14 ‬ﻓﻲ‪ ‬ﻗﺎﻧﻭﻥ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ٬‬ﻭﻓﻲ‪ ‬ﺣﺎﻝ‪ ‬ﺍﻏﻔﺎﻟﻬﺎ‪ ‬ﻓﻲ‬
‫ﺍﻟﻌﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻲ‪ ‬ﺍﻟﺧﻁﻲ‪ ٬‬ﺗﺅﺩﻱ‪ ‬ﺇﻟﻰ‪ ‬ﺇﺑﻁﺎﻝ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺍﻟﻣﺫﻛﻭﺭ‪ ‬ﻭﻓﻕ‪ ‬ﻣﺎ‪ ‬ﻧﺻﺕ‪ ‬ﻋﻠﻳﻪ‪ ‬ﺍﻟﻔﻘﺭﺓ‪ ‬ﺍﻷﻭﻟﻰ‪ ‬ﻣﻥ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ ‬ﺍﻟﻣﺫﻛﻭﺭﺓ‪٬‬‬
‫ًﻧﺎ‪ ‬ﻣﺗﻭﻗﻔﺔ‪ ‬ﻋﻠﻰ‪ ‬ﺇﺗﻣﺎﻡ‪ ‬ﺷﻛﻠﻳﺔ‪ ‬ﻣﻌﻳﻧﺔ‪ ‬ﺣﺗﻰ‬
‫ﻭﻓﻲ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻟﻧﺎﺣﻳﺔ‪ ‬ﺗﻘﻭﻝ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ":‬ﺗﻘﺗﺿﻲ‪ ‬ﺍﻹﺷﺎﺭﺓ‪ ‬ﺃﻥ‪ ‬ﺻﺣﺔ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺗﻛﻭﻥ‪ ‬ﺃﺣﻳﺎ‬
‫ﺇﺫﺍ‪ ‬ﻟﻡ‪ ‬ﺗﺣﺻﻝ‪ ‬ﻋﺩ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﻣﻔﺗﻘﺩﺍ‪ ‬ﻷﺣﺩ‪ ‬ﺃﺭﻛﺎﻧﻪ‪ ‬ﻓﻼ‪ ‬ﻳﻘﻭﻡ‪ ‬ﻗﺎﻧﻭﻧﺎ‪ ٬‬ﻭﺃﻥ‪ ‬ﺍﻟﺷﻛﻝ‪ ‬ﺍﻟﺫﻱ‪ ‬ﻧﺻﺕ‪ ‬ﻋﻠﻳﻪ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 177 ‬ﻣﻭﺟﺑﺎﺕ‪ ‬ﻭﻋﻘﻭﺩ‪ ‬ﻳﻌﺗﺑﺭ‬
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‫‪https://mail.google.com/mail/u/0/?ui=2&ik=90548cdd42&view=pt&search=inbox&th=1438af1654bb7d17‬‬
‫ر‬
‫ا‬
‫ا‬
‫ا‬
‫ف‬
‫‪Gmail - {Kantakji Group}. Add '12378' Ø‬‬
‫‪1/13/14‬‬
‫ًﺎ‪ ‬ﻓﻲ‪ ‬ﺑﻌﺽ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﺣﺳﺑﻣﺎ‪ ‬ﻳﻛﻭﻥ‪ ‬ﻭﺭﺩ‪ ‬ﺑﺷﺄﻧﻬﺎ‪ ‬ﻧﺹ‪ ‬ﺧﺎﺹ‪ ‬ﻣﻠﺯﻡ‪ ‬ﻟﻬﺫﺍ‪ ‬ﺍﻟﺷﻛﻝ‪ ٬‬ﻛﻣﺎ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﻭﺑﺣﺳﺏ‪ ‬ﺍﻟﻣﺎﺩﺓ‪220 ‬‬
‫ﺭﻛﻧﺎ‪ ‬ﺃﺳﺎﺳﻳ‬
‫ﻣﻭﺟﺑﺎﺕ‪ ‬ﻭﻋﻘﻭﺩ‪ ‬ﺍﻟﻣﺗﻣﻣﺔ‪ ‬ﻟﻠﻣﺎﺩﺓ‪ 177 ‬ﻡ‪.‬ﻭ‪.‬ﻉ‪ ٬‬ﻻ‪ ‬ﻳﻧﻌﻘﺩ‪ ‬ﻭﻻ‪ ‬ﻳﻧﺗﺞ‪ ‬ﻣﻔﺎﻋﻳﻠﻪ‪ ‬ﺣﺗﻰ‪ ‬ﺑﻳﻥ‪ ‬ﺍﻟﻣﺗﻌﺎﻗﺩﻳﻥ‪ ‬ﺇﻻ‪ ‬ﺣﻳﻧﻣﺎ‪ ‬ﻳﻭﺿﻊ‪ ‬ﻓﻲ‪ ‬ﺗﻠﻙ‬
‫ﺍﻟﺻﻳﻐﺔ‪ ٬‬ﻳﺭﺍﺟﻊ‪ ‬ﺣﻭﻝ‪ ‬ﺍﻟﻣﻭﺿﻭﻉ‪ :‬ﻣﺻﻁﻔﻰ‪ ‬ﺍﻟﻌﻭﺟﻲ‪ – ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺍﻟﻣﺩﻧﻲ‪ – ‬ﺍﻟﺟﺯء‪ ‬ﺍﻷﻭﻝ‪ ‬ﺍﻟﻌﻘﺩ‪ – ‬ﻣﺅﺳﺳﺔ‪ ‬ﺑﺣﺳﻭﻥ‪ ‬ﺍﻟﻁﺑﻌﺔ‬
‫ﺍﻷﻭﻟﻰ‪ – 1995 ‬ﺻﻔﺣﺔ‪ 303 ‬ﻭ‪304)". ‬‬
‫ﻭﻗﺩ‪ ‬ﻋﺩﺩﺕ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﻋﺩﺩ‪ ‬ﻣﻥ‪ ‬ﺍﻻﺳﺑﺎﺏ‪ ‬ﻟﻬﺫﺍ‪ ‬ﺍﻻﻣﻼ‪ ‬ﻭﺍﻫﻣﻬﺎ‪:‬‬
‫)ﺃ(‪ ‬ﺍﻟﻔﻘﺭﺓ‪ ‬ﺍﻷﻭﻟﻰ‪ ‬ﻣﻥ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 14 ‬ﻣﻥ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ٬520/96 ‬ﻧﺻﺕ‪ ‬ﻋﻠﻰ‪ ‬ﺃﻧﻪ‪ ‬ﻳﺟﺏ‪ ‬ﺃﻥ‪ ‬ﺗﻛﻭﻥ‪ ‬ﺟﻣﻳﻊ‪ ‬ﻋﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﻭﺗﻌﺩﻳﻼﺗﻬﺎ‬
‫ﺧﻁﻳﺔ‪ ‬ﻭﺻﺭﻳﺣﺔ‪ ‬ﺗﺣﺕ‪ ‬ﻁﺎﺋﻠﺔ‪ ‬ﺍﻟﺑﻁﻼﻥ‪٬‬‬
‫)ﺏ(‪ ‬ﺍﻟﻔﻘﺭﺓ‪ ‬ﺍﻟﺛﺎﻧﻳﺔ‪ ‬ﻣﻥ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ ‬ﺍﻟﻣﺫﻛﻭﺭﺓ‪ ‬ﺟﺎءﺕ‪ ‬ﻟﺗﺣﺩﺩ‪ ‬ﺑﺷﻛﻝ‪ ‬ﺁﻣﺭ‪ – ‬ﺑﺈﻳﺭﺍﺩﻫﺎ‪ ‬ﻋﺑﺎﺭﺓ‪" ‬ﻳﺟﺏ‪ ‬ﺃﻥ‪ ‬ﺗﺗﺿﻣﻥ‪ ‬ﻋﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‬
‫ﺍﻟﻌﻧﺎﺻﺭ‪ ‬ﺍﻟﺗﺎﻟﻳﺔ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻷﻗﻝ"‪ – ‬ﻣﻔﻬﻭﻡ‪ ‬ﻛﻠﻣﺔ‪" ‬ﺻﺭﻳﺢ"‪ ‬ﺍﻟﻭﺍﺭﺩﺓ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻔﻘﺭﺓ‪ ‬ﺍﻷﻭﻟﻰ‪ ‬ﻣﻧﻬﺎ‪ ٬‬ﻭﺑﺎﻟﺗﺎﻟﻲ‪ ‬ﻭﻓﻲ‪ ‬ﺣﺎﻝ‪ ‬ﻋﺩﻡ‪ ‬ﺻﺭﺍﺣﺔ‪ ‬ﻋﻘﺩ‬
‫ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﺍﻟﺧﻁﻲ‪ ‬ﻟﻌﺩﻡ‪ ‬ﺍﺩﺭﺍﺟﻪ‪ ‬ﺍﻟﻌﻧﺎﺻﺭ‪ ‬ﺍﻵﻣﺭﺓ‪ ‬ﺍﻟﻣﺣﺩﺩﺓ‪ ‬ﻗﺎﻧﻭﻧﺎ‪ ٬‬ﻳﻛﻭﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺍﻟﻣﺫﻛﻭﺭ‪ ‬ﻣﻔﺗﻘﺭﺍ‪ ‬ﺭﻛﻧﺎ‪ ‬ﻣﻥ‪ ‬ﺃﺭﻛﺎﻧﻪ‪ ٬‬ﻭﻳﻧﻌﺩﻡ‪ ‬ﻭﺟﻭﺩﻩ‪٬‬‬
‫)ﺝ(‪ ‬ﻣﺎ‪ ‬ﺃﻭﺟﺑﺗﻪ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 14 ‬ﻣﻥ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺍﻟﻣﺫﻛﻭﺭ‪ ‬ﻟﺟﻬﺔ‪ ‬ﻭﺟﻭﺏ‪ ‬ﺍﻧﻌﻘﺎﺩ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺧﻁﻳﺎ‪ ‬ﺗﺣﺕ‪ ‬ﻁﺎﺋﻠﺔ‪ ‬ﺍﻟﺑﻁﻼﻥ‪ ‬ﺍﻟﻣﻁﻠﻕ‪ ٬‬ﻭﻭﺟﻭﺏ‬
‫ﺗﺿﻣﻧﻪ‪ ‬ﻋﻠﻰ‪ ‬ﺑﻳﺎﻧﺎﺕ‪ ‬ﺻﺭﻳﺣﺔ‪ ‬ﺍﻟﺯﺍﻣﻳﺔ‪ ٬‬ﺟﺎء‪ ‬ﺑﻬﺩﻑ‪ ‬ﺗﻣﻛﻳﻥ‪ ‬ﺍﻻﺟﻬﺯﺓ‪ ‬ﺍﻟﻣﺧﺗﺻﺔ‪ ‬ﻣﻥ‪ ‬ﺇﺟﺭﺍء‪ ‬ﺍﻟﺭﻗﺎﺑﺔ‪ ‬ﻋﻠﻰ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﻭﺍﻟﺗﺄﻛﺩ‪ ‬ﻣﻥ‬
‫ﻋﺩﻡ‪ ‬ﺍﻧﻁﻭﺍﺋﻬﺎ‪ ‬ﻋﻠﻰ‪ ‬ﻋﻣﻠﻳﺎﺕ‪ ‬ﻣﺷﺑﻭﻫﺔ‪ ‬ﻣﻥ‪ ‬ﺟﻬﺔ‪) ‬ﻛﻔﺭﺽ‪ ‬ﺗﺿﻣﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺍﺳﻡ‪ ‬ﺍﻟﻣﺗﻌﺎﻗﺩﻳﻥ‪ ‬ﻭﻣﻬﻧﺗﻬﻡ‪ ٬‬ﻭﻣﺎ‪ ‬ﺍﺷﺗﺭﺍﻁ‪ ‬ﺫﻛﺭ‪ ‬ﺍﻟﻣﻬﻧﺔ‪ ‬ﻫﻧﺎ‬
‫ﺳﻭﻯ‪ ‬ﺍﻟﺗﺄﻛﺩ‪ ‬ﻣﻥ‪ ‬ﻧﻅﺎﻓﺔ‪ ‬ﻣﺻﺩﺭ‪ ‬ﺍﻷﻣﻭﺍﻝ‪ ‬ﻓﻳﻣﺎ‪ ‬ﻳﺗﻌﻠﻕ‪ ‬ﺑﺎﻟﻣﻧﺷﺊ‪ ٬‬ﻭﺑﺎﻟﻧﺳﺑﺔ‪ ‬ﻟﻣﻬﻧﺔ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﺍﻟﺗﺄﻛﺩ‪ ‬ﻣﻥ‪ ‬ﺃﻧﻪ‪ ‬ﻣﺭﺧﺹ‪ ‬ﻟﻪ‪ ‬ﻗﺎﻧﻭﻧﺎ‪ ‬ﺑﺈﺟﺭﺍء‬
‫ﺍﻟﻌﻣﻠﻳﺎﺕ‪ ‬ﻣﻭﺿﻭﻉ‪ ‬ﺍﻟﻌﻘﺩ(‪ ٬‬ﻭﻣﻥ‪ ‬ﺗﺄﻣﻳﻧﻬﺎ‪ ‬ﺣﻣﺎﻳﺔ‪ ‬ﺍﻟﻣﻧﺷﺊ‪ ‬ﻣﻥ‪ ‬ﺟﻬﺔ‪ ‬ﺛﺎﻧﻳﺔ‪) ‬ﻛﻔﺭﺽ‪ ‬ﺗﺿﻣﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﻣﻭﺍﻓﻘﺔ‪ ‬ﺍﻟﻣﻧﺷﺊ‪ ‬ﺍﻟﺻﺭﻳﺣﺔ‪ ‬ﻟﻠﻣﺅﺗﻣﻥ‬
‫ﺑﺗﻭﻅﻳﻑ‪ ‬ﺍﻟﺫﻣﺔ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ‬ﻓﻲ‪ ‬ﻣﺟﺎﻻﺕ‪ ‬ﻳﻛﻭﻥ‪ ‬ﻓﻳﻬﺎ‪ ‬ﻟﻠﻣﺅﺗﻣﻥ‪ ‬ﻣﺻﻠﺣﺔ‪ ‬ﻣﺑﺎﺷﺭﺓ‪ ‬ﺃﻭ‪ ‬ﻏﻳﺭ‪ ‬ﻣﺑﺎﺷﺭﺓ(‪٬‬‬
‫ﻭﺗﺧﺗﻡ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ"‪ ‬ﺍﻥ‪ ‬ﻫﺫﺍ‪ ‬ﻣﺎ‪ ‬ﻳﻌﺯﺯ‪ ‬ﺍﻟﻭﺟﻬﺔ‪ ‬ﺍﻟﺗﻲ‪ ‬ﺗﻭﺻﻠﺕ‪ ‬ﺇﻟﻳﻬﺎ‪ ‬ﺍﻟﻣﺣﻛﻣﺔ‪ ‬ﻟﺟﻬﺔ‪ ‬ﺃﻥ‪ ‬ﻋﺩﻡ‪ ‬ﺫﻛﺭ‪ ‬ﺍﻟﺑﻳﺎﻧﺎﺕ‪ ‬ﺍﻹﻟﺯﺍﻣﻳﺔ‪ ‬ﺍﻟﻣﻧﺻﻭﺹ‬
‫ﻋﻧﻬﺎ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻔﻘﺭﺓ‪ ‬ﺍﻟﺛﺎﻧﻳﺔ‪ ‬ﻣﻥ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 14 ‬ﻣﻥ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ٬520/96 ‬ﻳﺅﺩﻱ‪ ‬ﺇﻟﻰ‪ ‬ﻋﺩﻡ‪ ‬ﺻﺭﺍﺣﺔ‪ ‬ﻋﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﺑﻣﻘﺗﺿﻰ‪ ‬ﺍﻟﻔﻘﺭﺓ‪ ‬ﺍﻷﻭﻟﻰ‬
‫ﻣﻥ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ ‬ﺍﻟﻣﺫﻛﻭﺭﺓ‪ ٬‬ﻭﺑﺎﻟﺗﺎﻟﻲ‪ ‬ﺇﻟﻰ‪ ‬ﻓﻘﺩﺍﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺭﻛﻥ‪ ‬ﻣﻥ‪ ‬ﺃﺭﻛﺎﻧﻪ‪ ٬‬ﻭﺭﻭﺩ‪ ‬ﺷﺭﻁ‪ ‬ﺗﺣﺩﻳﺩ‪ ‬ﺍﻷﺟﻝ‪ ‬ﻓﻲ‪ ‬ﺍﻟﺑﻧﺩ‪ ‬ﺍﻟﺛﺎﻧﻲ‪ ‬ﻣﻥ‪ ‬ﺍﻟﻣﺎﺩﺓ‪14 ‬‬
‫ﻭﻫﻭ‪ ‬ﺷﺭﻁ‪ ‬ﻳﺩﺧﻝ‪ ‬ﺃﺻﻼ‪ ‬ﻓﻲ‪ ‬ﺗﻌﺭﻳﻑ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﻧﻔﺳﻪ‪ ‬ﺑﻣﻘﺗﺿﻰ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 3 ‬ﻣﻥ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ٬520/96 ‬ﻓﻼ‪ ‬ﻳﻣﻛﻥ‪ ‬ﺃﻥ‪ ‬ﻳﻧﺷﺄ‪ ‬ﺍﻟﻌﻘﺩ‬
‫ﺍﻟﻣﺫﻛﻭﺭ‪) ‬ﺧﻼﻓﺎ‪ ‬ﻟﻌﻘﺩ‪ ‬ﺍﻟﻭﻛﺎﻟﺔ(‪ ‬ﺍﻻ‪ ‬ﺑﺗﻌﻳﻳﻥ‪ ‬ﻭﺗﺣﺩﻳﺩ‪ ‬ﺃﺟﻠﻪ‪ ‬ﺑﺷﻛﻝ‪ ‬ﺻﺭﻳﺢ‪ ‬ﻭﻭﺍﺿﺢ‪ ٬‬ﻷﻥ‪ ‬ﺍﻷﺟﻝ‪ ‬ﻫﻭ‪ ‬ﺭﻛﻥ‪ ‬ﺃﺳﺎﺳﻲ‪ ‬ﻓﻲ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‬
‫ﻭﻗﺩ‪ ‬ﺩﺧﻝ‪ ‬ﻓﻲ‪ ‬ﺗﻌﺭﻳﻑ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺍﻟﻣﺫﻛﻭﺭ‪ ٬‬ﻋﻠﻣﺎ‪ ‬ﺃﻧﻪ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ‪ ‬ﺍﻟﻣﻣﺗﻬﻥ‪ ‬ﻣﻌﺭﻓﺔ‪ ‬ﺃﻫﻣﻳﺔ‪ ‬ﺫﻛﺭ‪ ‬ﺃﺟﻝ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ‬ﻛﻌﻧﺻﺭ‪ ‬ﻣﻥ‬
‫ﻋﻧﺎﺻﺭ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻲ‪ ‬ﻭﺭﻛﻥ‪ ‬ﻣﻥ‪ ‬ﺃﺭﻛﺎﻧﻪ‪".‬‬
‫ﻭﺭﺃﺕ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺍﻧﻪ‪ ‬ﺑﺎﻟﻌﻭﺩﺓ‪ ‬ﺇﻟﻰ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 14 ‬ﻣﻥ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺭﻗﻡ‪ ٬520/96 ‬ﺃﻥ‪ ‬ﻫﺫﻩ‪ ‬ﺍﻷﺧﻳﺭﺓ‪ ‬ﺃﻭﺟﺑﺕ‪ ‬ﺗﺿﻣﻥ‪ ‬ﻋﻘﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻥ‪ ‬ﺍﻟﺑﻳﺎﻧﺎﺕ‬
‫ﺍﻟﺗﺎﻟﻳﺔ‪ ‬ﻋﻠﻰ‪ ‬ﺍﻷﻗﻝ‪:‬‬
‫‪­ ‬ﺍﻹﺷﺎﺭﺓ‪ ‬ﺍﻟﺻﺭﻳﺣﺔ‪ ‬ﺑﺄﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﻣﻧﻅﻡ‪ ‬ﻭﻓﻘﺎ‪ ‬ﻷﺣﻛﺎﻡ‪ ‬ﻫﺫﺍ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪.‬‬
‫‪­ ‬ﺍﺳﻡ‪ ‬ﻭﻣﺣﻝ‪ ‬ﺍﻗﺎﻣﺔ‪ ‬ﻭﻣﻬﻧﺔ‪ ‬ﻛﻝ‪ ‬ﻣﺗﻌﺎﻗﺩ‪ ‬ﻭﻛﻝ‪ ‬ﻣﺳﺗﻔﻳﺩ‪.‬‬
‫‪­ ‬ﺗﺣﺩﻳﺩ‪ ‬ﻛﻝ‪ ‬ﻋﻧﺻﺭ‪ ‬ﻣﻥ‪ ‬ﻋﻧﺎﺻﺭ‪ ‬ﺍﻟﺫﻣﺔ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪.‬‬
‫‪­ ‬ﺗﺣﺩﻳﺩ‪ ‬ﻣﻬﻣﺔ‪ ‬ﻭﺻﻼﺣﻳﺎﺕ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﺑﺷﻛﻝ‪ ‬ﻳﻭﺿﺢ‪ ٬‬ﻋﻧﺩ‪ ‬ﺍﻻﻗﺗﺿﺎء‪ ٬‬ﺃﻧﻬﺎ‪ ‬ﺗﺗﺿﻣﻥ‪ ‬ﺣﻕ‪ ‬ﺍﻟﺗﺻﺭﻑ‪.‬‬
‫‪­ ‬ﺗﺻﺭﻳﺣﺎ‪ ‬ﻣﻔﺻﻼ‪ ‬ﻭﻭﺍﺿﺣﺎ‪ ‬ﻳﺑﻳﻥ‪ ‬ﺑﺷﻛﻝ‪ ‬ﻣﺣﺩﺩ‪ ‬ﻣﺎ‪ ‬ﺇﺫﺍ‪ ‬ﻛﺎﻥ‪ ‬ﺍﻟﻣﻧﺷﺊ‪ ‬ﻳﻔﻭﺽ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﺗﻭﻅﻳﻑ‪ ‬ﺍﻟﺫﻣﺔ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ‬ﻓﻲ‪ ‬ﻣﺟﺎﻻﺕ‬
‫ﻳﻛﻭﻥ‪ ‬ﻓﻳﻬﺎ‪ ‬ﻟﻠﻣﺅﺗﻣﻥ‪ ‬ﻣﺻﻠﺣﺔ‪ ‬ﻣﺑﺎﺷﺭﺓ‪ ‬ﺃﻭ‪ ‬ﻏﻳﺭ‪ ‬ﻣﺑﺎﺷﺭﺓ‪.‬‬
‫‪­ ‬ﻣﻘﺩﺍﺭ‪ ‬ﻋﻣﻭﻻﺕ‪ ‬ﻭﺃﺟﻭﺭ‪ ‬ﻭﻣﺻﺎﺭﻳﻑ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﻭﺳﻭﺍﻫﺎ‪ ‬ﺃﻭ‪ ‬ﻛﻳﻔﻳﺔ‪ ‬ﺗﺣﺩﻳﺩﻫﺎ‪ ‬ﻭﺍﺳﺗﻳﻔﺎﺋﻬﺎ‪.‬‬
‫‪­ ‬ﺗﺣﺩﻳﺩ‪ ‬ﺍﻷﺟﻝ‪٬‬‬
‫ﺛﺎﻣﻧﺎ"‪:‬ﻓﻲ‪ ‬ﺑﻁﻼﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺗﻘﻭﻝ‪ ‬ﺍﻟﻣﻁﺎﻟﻌﺔ‪ ‬ﺍﻥ‪:‬‬
‫"ﺍﻟﻌﻘﺩ‪ ‬ﻣﻭﺿﻭﻉ‪ ‬ﺍﻟﺩﻋﻭﻯ‪ ‬ﻭﻓﻘﺎ‪ ‬ﻷﺣﻛﺎﻡ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺭﻗﻡ‪ ٬520/96 ‬ﻛﻣﺎ‪ ‬ﻭﺗﺣﺩﻳﺩ‪ ‬ﻣﻬﻣﺔ‪ ‬ﻭﺻﻼﺣﻳﺔ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ‪ ‬ﺑﺷﻛﻝ‪ ‬ﻭﺍﺿﺢ‪ ‬ﻭﻗﺩ‪ ‬ﺗﺿﻣﻥ‬
‫‪6/8‬‬
‫‪https://mail.google.com/mail/u/0/?ui=2&ik=90548cdd42&view=pt&search=inbox&th=1438af1654bb7d17‬‬
‫ا‬
‫ر‬
‫ا‬
‫ف‬
‫ا‬
‫‪1/13/14‬‬
‫‪Gmail - {Kantakji Group}. Add '12378' Ø‬‬
‫ﻓﻲ‪ ‬ﻫﺫﺍ‪ ‬ﺍﻟﻣﺟﺎﻝ‪ ‬ﺃﻥ‪ ‬ﺍﻟﻣﺩﻋﻲ‪ ‬ﻳﻔﻭﺽ‪ ‬ﺍﻟﻣﺩﻋﻰ‪ ‬ﻋﻠﻳﻪ‪ ‬ﺑﺈﺩﺍﺭﺓ‪ ‬ﻭﺍﺳﺗﺛﻣﺎﺭ‪ ‬ﺃﻣﻭﺍﻟﻪ‪ ‬ﻓﻲ‪ ‬ﺍﻟﻣﺷﺭﻭﻉ‪ ‬ﺍﻟﻣﺳﻣﻰ‪ ‬ﺁﻧﻔﺎ‪ ‬ﺑﺎﻷﺳﻠﻭﺏ‪ ‬ﺍﻟﺫﻱ‪ ‬ﻳﺭﺍﻩ‬
‫ﻣﻧﺎﺳﺑﺎ‪ ‬ﻭﻓﻘﺎ‪ ‬ﻷﺣﻛﺎﻡ‪ ‬ﺍﻟﺷﺭﻳﻌﺔ‪ ‬ﺍﻹﺳﻼﻣﻳﺔ‪ ‬ﺍﻟﻐﺭﺍء‪ ٬‬ﻛﻣﺎ‪ ‬ﺣﺩﺩ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﻋﻧﺎﺻﺭ‪ ‬ﺍﻟﺫﻣﺔ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ٬‬ﻭﻗﺩ‪ ‬ﻭﺭﺩ‪ ‬ﻓﻳﻪ‪ ‬ﻓﻲ‪ ‬ﺧﺎﻧﺔ‪ ‬ﺍﻟﻣﻼﺣﻅﺎﺕ‬
‫ﺍﻹﺷﺎﺭﺓ‪ ‬ﺇﻟﻰ‪ ‬ﻣﺑﻠﻎ‪ 285.000 ‬ﺩﺃ‪ ٬‬ﻛﻣﺎ‪ ‬ﺗﺿﻣﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺃﻳﺿﺎ‪ ‬ﻣﻘﺩﺍﺭ‪ ‬ﻋﻣﻭﻻﺕ‪ ‬ﻭﺃﺟﻭﺭ‪ ‬ﻭﻣﺻﺎﺭﻳﻑ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ"‪٬‬‬
‫ًﺎ‪ ٬‬ﻟﻡ‪ ‬ﻳﺗﺿﻣﻥ‪ ‬ﺳﺎﺋﺭ‬
‫ﺍﻻ‪ ‬ﺍﻥ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﺧﺎﻟﻑ‪ ‬ﺍﻟﻘﻭﺍﻧﻳﻥ‪ ‬ﺍﻟﻣﺭﻋﻳﺔ‪ ‬ﺍﻻﺟﺭﺍء‪ ‬ﻟﻬﺫﺍ‪ ‬ﺍﻟﻌﻘﺩ‪ ‬ﻭﺍﻧﻪ‪ ‬ﺑﺎﻟﺭﻏﻡ‪ ‬ﻣﻥ‪ ‬ﺗﺿﻣﻧﻪ‪ ‬ﺍﻟﺑﻳﺎﻧﺎﺕ‪ ‬ﺍﻟﻣﺫﻛﻭﺭﺓ‪ ‬ﺁﻧﻔ‬
‫ﺍﻟﺑﻳﺎﻧﺎﺕ‪ ‬ﺍﻻﻟﺯﺍﻣﻳﺔ‪ ‬ﺍﻟﻣﻔﺭﻭﺿﺔ‪ ‬ﻻﻧﻌﻘﺎﺩﻩ‪) ٬‬ﻓﻠﻡ‪ ‬ﻳﺄﺕ‪ ‬ﻋﻠﻰ‪ ‬ﺫﻛﺭ‪ ‬ﻣﻬﻧﺔ‪ ‬ﺍﻟﻣﺅﺗﻣﻥ(‬
‫ﻟﻡ‪ ‬ﻳﺄﺕ‪ ‬ﻋﻠﻰ‪ ‬ﺗﺣﺩﻳﺩ‪ ‬ﺍﻷﺟﻝ‪ ‬ﻛﻣﺎ‪ ‬ﻓﺭﺿﺗﻪ‪ ‬ﺍﻟﻣﺎﺩﺓ‪٬14 ‬‬
‫‪ ‬ﻭﻻ‪ ‬ﺣﺗﻰ‪ ‬ﻓﺗﺭﺓ‪ ‬ﺍﻻﺳﺗﺛﻣﺎﺭ‪ ٬‬ﻟﻛﻲ‪ ‬ﻳﺗﻡ‪ ‬ﺍﻟﻭﻗﻭﻑ‪ ‬ﺻﺭﺍﺣﺔ‪ ‬ﻋﻠﻰ‪ ‬ﺗﺎﺭﻳﺦ‪ ‬ﺍﺳﺗﺣﻘﺎﻕ‪ ‬ﺍﻷﺭﺑﺎﺡ‪ ٬‬ﻋﻠﻣﺎ‪ ‬ﺃﻥ‪ ‬ﺗﺣﺩﻳﺩ‪ ‬ﺍﻷﺟﻝ‪ ‬ﻳﻘﻊ‪ ‬ﻓﻲ‪ ‬ﺻﻠﺏ‬
‫ًﺎ‪٬‬‬
‫ﺗﻌﺭﻳﻑ‪ ‬ﺍﻟﻌﻘﻭﺩ‪ ‬ﺍﻻﺋﺗﻣﺎﻧﻳﺔ‪ ‬ﻋﻠﻰ‪ ‬ﻣﺎ‪ ‬ﻧﺻﺕ‪ ‬ﻋﻠﻳﻪ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 3 ‬ﻣﻥ‪ ‬ﻗﺎﻧﻭﻥ‪ 520/96 ‬ﻛﻣﺎ‪ ‬ﺟﺭﻯ‪ ‬ﺑﻳﺎﻧﻪ‪ ‬ﺁﻧﻔ‬
‫ﻭﻋﻠﻳﻪ‪ ‬ﺑﺎﻓﺗﻘﺎﺭﻩ‪ ‬ﻟﻠﻌﻧﺎﺻﺭ‪ ‬ﺍﻟﻣﺫﻛﻭﺭﺓ‪ ‬ﻗﺩ‪ ‬ﺃﺗﻰ‪ ‬ﺧﻼﻓﺎ‪ ‬ﻟﻣﺎ‪ ‬ﻧﺻﺕ‪ ‬ﻋﻠﻳﻪ‪ ‬ﺍﻟﻣﺎﺩﺓ‪ 14 ‬ﻣﻥ‪ ‬ﺍﻟﻘﺎﻧﻭﻥ‪ ‬ﺭﻗﻡ‪ ٬520/96 ‬ﻭﺑﺎﻟﺗﺎﻟﻲ‪ ‬ﻣﻔﺗﻘﺭﺍ‬
‫ﻟﻠﻌﻧﺎﺻﺭ‪ ‬ﺍﻷﺳﺎﺳﻳﺔ‪ ‬ﺍﻟﻭﺍﺟﺑﺔ‪ ‬ﻻﻧﻌﻘﺎﺩﻩ‪ ٬‬ﺍﻷﻣﺭ‪ ‬ﺍﻟﺫﻱ‪ ‬ﻳﻘﺿﻲ‪ ‬ﺑﺈﻋﻼﻥ‪ ‬ﺍﻧﻌﺩﺍﻡ‪ ‬ﻭﺟﻭﺩﻩ‪ ‬ﻭﺑﺎﻟﺗﺎﻟﻲ‪ ‬ﺑﻁﻼﻧﻪ‪ ‬ﻭﻓﻘﺎ‪ ‬ﻟﻡ‪ ‬ﺗﻡ‪ ‬ﺑﻳﺎﻧﻪ‪ ‬ﺃﻋﻼﻩ‪٬‬‬
‫ل‪ ‬ر‬
‫ن‪ ‬‬
‫ان‪ ‬‬
‫دة‪ ‬ا ل‪ ‬إ ‪ ‬‬
‫‪ ‬و ‪ ‬ل‪ ‬‬
‫ن‪ ‬ا‬
‫إ ‪ ‬ا‬
‫‪ ‬‬
‫‪ ‬ا دة‪ 233 ‬م‪ .‬و‪ .‬ع‪ ‬وأن‪ ‬إ ن‪ ‬‬
‫‪ ‬‬
‫‪ ‬‬
‫‪ ‬‬
‫داد‪ ‬د ‪ ،‬وا‬
‫‪ ‬ا‬
‫‪ ‬إ ا ‪ ،‬‬
‫‪ ‬‬
‫ب‪ ‬ا‬
‫‪ ‬ا اع‪ ،‬ن‪ ‬ا‬
‫‪ ‬‬
‫‪ ‬أ ً ‪ ‬‬
‫‪ ‬‬
‫‪ ‬أ ً‪،‬‬
‫ب‬
‫د‬
‫‪ ‬ا‬
‫أوً‪ :‬‬
‫ل‪ ‬‬
‫ن‪ ‬ر‬
‫‪ ‬ا‬
‫‪ ‬‬
‫ً ‪ :‬ام‪ ‬ا‬
‫ر ‪ ،01/11/2008 ‬و‬
‫ً ‪ :‬د‪ ‬‬
‫راً ‪ :‬‬
‫ن‪ ‬ا‬
‫ر ‪ ‬ا‬
‫ر‪ ‬‬
‫‪ ‬‬
‫‪ ‬ن‪ ‬‬
‫‪ ‬ر‬
‫‪ ‬ا‬
‫ب‪ ‬وا‬
‫‪ ‬ا‬
‫‪ ‬‬
‫‪01/11/2008. ‬‬
‫‪ ‬ا‬
‫‪ ‬ا‬
‫‪ ‬إ‬
‫‪ ‬ا‬
‫‪ ‬و ره‪ /285.000/ ‬دأ‪ ‬‬
‫‪ ‬‬
‫‪ ‬ا‬
‫‪ ‬ا‬
‫‪.‬‬
‫ت‪ ‬ا ا ة‪ ‬وا‬
‫م‪ ‬وا‬
‫ة‪ ‬ا‬
‫‪ ‬‬
‫‪ ‬و د ‪ ‬‬
‫‪ ‬‬
‫ت ‪ ‬ا‬
‫ر‪.‬‬
‫‪ ‬وا‬
‫ت‪.‬‬
‫‪ ‬‬
‫​‬
‫‪ ‬‬
‫ر‪ ‬وأ‬
‫‪ ‬‬
‫‪ ‬‬
‫‪ ‬‬
‫وت‪ ‬‬
‫ر‬
‫‪22/10/2013. ‬‬
‫_________________________________________‬
‫‪sender : Maan Barazy‬‬
‫‪Economist ‐ Visionary entrepreneur ‐ Certified Shari'a Adviser and Auditor (CSAA‐ AAOIFI Certified) ‐ MA‬‬
‫‪Islamic Comparative Jurisprudence ‐ BS International Economics Managing Partner And CEO of Data and‬‬
‫‐ ‪Investment Consult‐Lebanon – The Centre For Islamic Finance‬‬
‫‐ ‪check our websites: middleeastrisk.com ‐ islamicfinancearabia.com ‐ arabbankingwires.com‬‬
‫‐ ‪lebanondatamonitor.com ‐ ebusinesslebanon.net ‐ shariaafinance.com ‐ capitalissuesonline.com‬‬
‫‪smelebanon.net‐ socialratings.net ‐ alwikala.com‬‬
‫‪contactus; email : [email protected] [email protected];maanbara‬‬
‫‪[email protected]‬‬
‫‪· Twitter : twitter.com/maanbarazy‬‬
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‫‪7/8‬‬
‫‪https://mail.google.com/mail/u/0/?ui=2&ik=90548cdd42&view=pt&search=inbox&th=1438af1654bb7d17‬‬
1/13/14
Gmail - {Kantakji Group}. Add '12378' Ø
‫ف‬
‫ا‬
‫ا‬
‫ا‬
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· Facebook: facebook.com/maanbarazy
· Accademia.edu : http://independent.academia.edu/maanbarazy
· Slideshare: http://www.slideshare.net/maanbarazy
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‫ﺿﻣﻥ‬ ‫ﺍﻟﻣﺳﻠﻳﺔ‬ ‫ﺍﻟﺧﻔﻳﻔﺔ‬ ‫ﺍﻷﺷﻳﺎء‬ ‫ﺑﻌﺽ‬ ‫ﺗﻣﺭﻳﺭ‬ ...‫ﺍﻟﻣﺳﻠﻣﻳﻥ‬ ‫ﻋﺎﻣﺔ‬ ‫ﻳﻬﻡ‬ ‫ﺍﻟﺫﻱ‬ ‫ﺍﻟﻌﺎﻡ‬ ‫ﺍﻷﻣﺭ‬ ‫ﺑﺎﺳﺗﺛﻧﺎء‬ ‫ﺑﻌﻳﻧﻪ‬ ‫ﺍﻋﺗﺑﺎﺭﻱ‬ ‫ﺃﻭ‬ ‫ﻁﺑﻳﻌﻲ‬ ‫ﺑﺷﺧﺹ‬ ‫ﻳﺗﻌﻠﻕ‬ ‫ﻣﺎ‬ ‫ﺫﻛﺭ‬ ‫ﻋﺩﻡ‬ ...‫ﺍﻷﻣﺔ‬ ‫ﻣﺳﺗﻭﻯ‬
‫ﺍﻟﻣﻘﺎﻻﺕ‬ ‫ﻛﻝ‬ ‫ﺇﻥ‬...‫ﺍﻟﺷﺧﺻﻲ‬ ‫ﺍﻟﻣﺩﻳﺢ‬ ‫ﺗﺭﻙ‬ ...‫ﺍﻹﻳﺟﺎﺑﻲ‬ ‫ﺍﻟﺗﻔﺎﻋﻝ‬ ‫ﻋﻠﻰ‬ ‫ﺗﺷﺟﻳﻌﻬﻡ‬ ‫ﺫﻟﻙ‬ ‫ﻣﻥ‬ ‫ﻭﺍﻟﻘﺻﺩ‬ ٬‫ﻋﺎﺩﺓ‬ ‫ﻳﺷﺎﺭﻛﻭﻥ‬ ‫ﻻ‬ ‫ﺃﻋﺿﺎء‬ ‫ﻣﻥ‬ ‫ﺗﺄﺗﻲ‬ ‫ﺍﻟﺗﻲ‬ ‫ﻣﻧﻬﺎ‬ ‫ﻭﺧﺎﺻﺔ‬ ‫ﺍﻷﺩﺏ‬ ‫ﻗﻭﺍﻋﺩ‬
‫ﺑﺎﻟﺿﺭﻭﺭﺓ‬ ‫ﺍﻟﻣﺟﻣﻭﻋﺔ‬ ‫ﺇﺩﺍﺭﺓ‬ ‫ﺭﺃﻱ‬ ‫ﻋﻥ‬ ‫ّﺭ‬
‫ﺗﻌﺑ‬ ‫ﻭﻻ‬ ٬‫ﺃﺻﺣﺎﺑﻬﺎ‬ ‫ﺭﺃﻱ‬ ‫ﻋﻥ‬ ‫ُﻌﺑﺭ‬
‫ﺗ‬ ‫ﺍﻟﻣﻧﺷﻭﺭﺓ‬ ‫ﻭﺍﻵﺭﺍء‬.
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