He is owed 1000 on credit. The debtor offers to compromise with 500 immediately. Is this allowed? |
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Kitabus Sulh [Compromise / Settlement] -
Definition
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Question 1265) - He is owed 1000 on credit. The debtor offers to compromise with 500 immediately. Is this allowed?
A: It is not allowed.*
* cash is better than credit. He is not entitled to the immediate payment. The compromise amount will be in exchange for time which is not permissible.
~ al-Quduri ~
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