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Dain Ghair Sahih

Arabic (دين غير صحيح) for debt (dain) that may be waived in different means that are not confined to repayment…

Procrastinating Debtor

A debtor (madeen) who is solvent but refuses to pay a debt (dain/dayn) at or after its due date (i.e.,…

Hawalat al-Dain

Arabic (حوالة الدين) for debt assignment/ transfer; a type of hawalah (also spelled hawala) which involves the assignment/ transfer of...

Hawalah Mutlaqah

Arabic (حوالة مطلقة) for unrestricted debt transfer/ assignment (unrestricted hawalah); in hawalat al-dain, it is a hawalah in which a...

Hawalah

With respect to debts (dain/ dayn or duyun), hawalah (in Arabic script حوالة) refers to the transfer/ assignment of debt...

Hiwala

With respect to debts, hiwala refers to the transfer/ assignment of debt (dain, dayn) from one party (the transferor/ assignor,...

Restricted Hawalah

A hawalah in which the payer is restricted to settling the amount of the assigned/ transferred debt (dain/ dayn) from...

Debt Assignment

The transfer (assignment/ hawala) of debt from one party (the debt transferor, or muheel) to another (the payer, debt obligor...

Debt-Type Sukuk

A type of sukuk in which the underlying is in the form of debt (receivables, loans, etc.). An example of...

Hiwalat-ul Dain

A type of hiwalah (also spelled hiwala) which involves the assignment/ transfer of debt (dain) from one party (the transferor...