The ʿadl was previously introduced as a trusted custodian chosen by both parties. He can also be appointed to sell, but custody and agency are legally distinct capacities.
Holding the asset means that he safeguards it; a clear authorisation is necessary to dispose of it. Possession alone does not confer a power of sale. Once a valid mandate operates at its prescribed time, the custodian acts as an agent within that mandate.
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A neutral custodian may also be the selling agent
Kitab al-Rahn: Partial Repayment, Agency to Sell and Pledgee Rights
The ʿadl was previously introduced as a trusted custodian chosen by both parties. He can also be appointed to sell, but custody and agency are legally distinct capacities.
Holding the asset means that he safeguards it; a clear authorisation is necessary to dispose of it. Possession alone does not confer a power of sale. Once a valid mandate operates at its prescribed time, the custodian acts as an agent within that mandate.