Muslam fīh is the specified property the seller must deliver later under salam. Here the purchaser is the creditor and the seller is the obligor. The seller may provide collateral to secure delivery of that debt in goods.
For example, a seller promises 200 kilograms of specified wheat in one month and delivers identified security. Pledging does not remove the rules on specification, delivery time or other salam conditions. It secures an obligation in fungible goods, not simply a cash loan.
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Security for the goods owed in salam
Kitab al-Rahn: Salam, Sarf, Third-party Custody and Fungible Collateral
Muslam fīh is the specified property the seller must deliver later under salam. Here the purchaser is the creditor and the seller is the obligor. The seller may provide collateral to secure delivery of that debt in goods.
For example, a seller promises 200 kilograms of specified wheat in one month and delivers identified security. Pledging does not remove the rules on specification, delivery time or other salam conditions. It secures an obligation in fungible goods, not simply a cash loan.