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Islamic Finance

  Islamic Finance   |   Terms
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  • December 31, 2022
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Mandatory Maqassa

A type of maqassa or set-off that is implemented without stipulating or requiring the bilateral consent or agreement of both parties each of whom is both a creditor and debtor simultaneously. As often is the case, one party is forced to comply with the request of the other party to initiate a maqassa. Mandatory maqassa is divided into bilaterally compulsory maqassa, and maqassa on demand.

This type of maqassa is also known as a mandatory set-off.


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