Islamic Concept of Pledge (رھن)

14 Pages Posted: 2 Apr 2012 Last revised: 18 Nov 2012

Date Written: April 2, 2012

Abstract

This paper is on the subject of Islamic Concept of Pledge. It is a ground reality that necessity may arise to take loan and the person giving such loan may ask for guarantee for its return. Such guarantee may not be of equal value and may be of more or less value than the amount of debt. In all human societies we have this concept. How Islam has put and developed it has been shown in this paper.

Suggested Citation

Mughal, Munir Ahmad, Islamic Concept of Pledge (رھن) (April 2, 2012). Available at SSRN: https://ssrn.com/abstract=2033409 or http://dx.doi.org/10.2139/ssrn.2033409

Munir Ahmad Mughal (Contact Author)

Punjab University Law College ( email )

(Res.)125-B, Judicial Colony, Lahore
Lahore, Punjab 54000
Pakistan
042-35304847 (Phone)
042-35311498 (Fax)

Superior Law College

(Res.)125-B, Judicial Colony
Lahore, Punjab 54000
Pakistan
0092-42-35304847 (Phone)
0092-42-35311498 (Fax)

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