وإذا رهن عينا واحدة عند رجلين بدين لكل واحد منهما جاز
Translation: If an identified asset is pledged to two persons against a separate debt owed to each, the pledge is valid.
One identified asset means an indivisible object in this legal arrangement, such as a single ornament. Each creditor has an independent debt, yet the agreement secures both through the identified pledged property.
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The text allows one asset for two pledgees
Kitab al-Rahn: Two Pledgees, Conditional Security and Custody
وإذا رهن عينا واحدة عند رجلين بدين لكل واحد منهما جاز
Translation: If an identified asset is pledged to two persons against a separate debt owed to each, the pledge is valid.
One identified asset means an indivisible object in this legal arrangement, such as a single ornament. Each creditor has an independent debt, yet the agreement secures both through the identified pledged property.