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Description
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Bankruptcy rulings in Islamic law
Author's name: Abdul Rahman bin Abdullah Al-Lahibi
The book "The Rulings on Bankruptcy in Islamic Law" is a legal and jurisprudential book that examines the provisions of bankruptcy in Islamic jurisprudence. It covers the definition of bankruptcy, how to seize their assets, and how to distribute their debts among creditors.
More details:
Definition of bankrupt:
The book refers to the definition of bankruptcy in Islamic jurisprudence, which is a person whose wealth is less than his debts, or who is unable to pay his debts.
Reserve his money:
The book discusses how a bankrupt person's assets are seized by a judge to ensure payment of his debts to creditors.
Distribution of his debts:
The book explains how to distribute the bankrupt person's debts among creditors, according to a specific order that determines a priority for paying their debts, such as those who have an argument or mortgage.
Book sources:
The book relies on Islamic Sharia sources, such as the Holy Quran, the Sunnah, consensus, and analogy, to establish bankruptcy rulings.
Sharia rulings:
The book indicates that bankruptcy rulings are positive rulings, meaning they relate to the status of a thing, and not obligatory rulings that relate to the legal costs imposed on those responsible.
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