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He is owed 1000 on credit. The debtor offers to compromise with 500 immediately. Is this allowed? PDF Print E-mail
Kitabus Sulh [Compromise / Settlement] - Definition

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 ~