Some scholars have cited a Shafi‘i allowance for sale of debt. The clarification given is that the permission referred to is at par value, not at a discount.
Therefore, using that view to justify ordinary discounted debt trading would go beyond the position described.
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Murabahah Funds, Sale of Debt (بيع الدين) and Mixed Funds
Some scholars have cited a Shafi‘i allowance for sale of debt. The clarification given is that the permission referred to is at par value, not at a discount.
Therefore, using that view to justify ordinary discounted debt trading would go beyond the position described.