An iqrar (acknowledgment) reports the existence of another's right against the speaker or concerning property held by the speaker. This differs from entering a new transaction that creates an obligation; an acknowledgment reports a pre-existing entitlement.
For example, 'I owe Zayd 500 dirhams' is an acknowledgment of Zayd's right. The origin of the obligation may still require examination, but one first distinguishes an admission of an existing obligation from a promise to pay in the future.
Opening interactive controls...
What constitutes an acknowledgment?
Kitab al-Iqrar: Capacity, Unspecified Rights, and Amounts in Admissions
An iqrar (acknowledgment) reports the existence of another's right against the speaker or concerning property held by the speaker. This differs from entering a new transaction that creates an obligation; an acknowledgment reports a pre-existing entitlement.
For example, 'I owe Zayd 500 dirhams' is an acknowledgment of Zayd's right. The origin of the obligation may still require examination, but one first distinguishes an admission of an existing obligation from a promise to pay in the future.