The debtor wishes to sell the cotlateral in order to pay off the debt. Is it wajib upon the Murtahin to facilitate the sale? |
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Kitabur Rahn [Collateral - pawning] -
Definition
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Question 897) - The debtor wishes to sell the cotlateral in order to pay off the debt. Is it wajib upon the Murtahin to facilitate the sale?
A: It is not. He may say to the debtor,?pay the debt and then take your collateral." Upon payment the creditor must return the collateral.
~ al-Quduri ~
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