وَإِنْ قَضَاهُ الرَّاهِنُ دَيْنَهُ جَازَ الْبَيْعُ
Translation: If the pledgor pays his debt, the sale is also valid.
Even without the pledgee’s explicit approval, the pledgor may repay the entire secured debt and redeem the collateral. The condition that prevented the sale’s effectiveness then disappears, and Quduri recognises the sale.
For example, an item pledged against 400 dirhams was sold while the transaction remained suspended. The owner then pays the whole 400. With the security right extinguished by actual repayment, the obstacle falls away. A mere promise to pay is not equivalent to discharge.
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Effectiveness of sale after discharge of the debt
Kitab al-Rahn: Partial Repayment, Agency to Sell and Pledgee Rights
وَإِنْ قَضَاهُ الرَّاهِنُ دَيْنَهُ جَازَ الْبَيْعُ
Translation: If the pledgor pays his debt, the sale is also valid.
Even without the pledgee’s explicit approval, the pledgor may repay the entire secured debt and redeem the collateral. The condition that prevented the sale’s effectiveness then disappears, and Quduri recognises the sale.
For example, an item pledged against 400 dirhams was sold while the transaction remained suspended. The owner then pays the whole 400. With the security right extinguished by actual repayment, the obstacle falls away. A mere promise to pay is not equivalent to discharge.