What does the word and term mean? Print
KITABUL HAWALAH [Transfer of debt] - Definition

Question 1241) - What does the word and term mean?

A: It is the plural of Suftajah meaning a paper. It is a loan given so that the lender is safe is his travel.*

* E.g. a man gives a trader x amount of Dirham on condition that the trader's agent at another city will pay him that amount. If done without conditions then there is no harm. If safety of the road is stipulated then it is Makruh because that is deriving benefit from a loan [al-Jawharah]

~ al-Quduri ~