Collateral sells for Rs 140,000 against a Rs 100,000 debt. What is the Rs 40,000?
Kitab al-Rahn: Misuse, Loan Back, Liability and Death of the Pledgor
- An extra creditor fee
- A new debt
- Surplus belonging to the estate
- A third party’s penalty
Kitab al-Rahn: Misuse, Loan Back, Liability and Death of the Pledgor