Compare two losses in otherwise similar sales:
Case 1 — original currency is lost: goods survive, so iqalah may proceed with an equivalent refund.
Case 2 — the identified goods are destroyed: the original subject cannot be restored through ordinary iqalah.
The controlling distinction is whether the original sold object still exists, not merely which party lost an asset.
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Rescission by Agreement: Original Price and Loss of Goods
Compare two losses in otherwise similar sales:
Case 1 — original currency is lost: goods survive, so iqalah may proceed with an equivalent refund.
Case 2 — the identified goods are destroyed: the original subject cannot be restored through ordinary iqalah.
The controlling distinction is whether the original sold object still exists, not merely which party lost an asset.