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Islamic Finance

  Islamic Finance   |   Terms
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  • June 26, 2020
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Dain Mu’ajjal

Arabic (دين مؤجل) for debt (dain) that need not be repaid before it falls due (i.e., on its maturity date). However, repayment can be made anytime before the due date, rendering the liability duly discharged.

Dain mu’ajjal translates as deferred debt.


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