Hibah in terms of language means a gift. According to shariah Hibah is an agreement which contains the granting of a person’s possession voluntarily to another person during the time of his life without any consideration (‘iwad) or expecting a reward, using the ijab and qabul or the like.
“….who gives charity out of their cherished wealth to relatives, orphans, the poor, needy travellers, beggars, and for freeing captives; who establish prayer, pay alms-tax, and keep the pledges they make; and who are patient in times of suffering, adversity, and in the heat of battle. It is they who are true in faith, and it is they who are mindful of Allah. (Al-Baqarah: 177).
