Ali pledges two items against a 1,000-dirham debt and appoints Khalid as sale agent at maturity within the pledge contract. Ali repays 500 and asks for release of one item; then he announces Khalid’s dismissal. Later he sells the second item without the pledgee’s consent.
Application: 500 remain due, but an item is not automatically released; the stipulated agency survives unilateral dismissal; the unauthorised sale stays suspended. Its effectiveness depends on the pledgee’s approval or complete repayment of the debt.
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Kitab al-Rahn: Partial Repayment, Agency to Sell and Pledgee Rights
Ali pledges two items against a 1,000-dirham debt and appoints Khalid as sale agent at maturity within the pledge contract. Ali repays 500 and asks for release of one item; then he announces Khalid’s dismissal. Later he sells the second item without the pledgee’s consent.
Application: 500 remain due, but an item is not automatically released; the stipulated agency survives unilateral dismissal; the unauthorised sale stays suspended. Its effectiveness depends on the pledgee’s approval or complete repayment of the debt.