HAWALAH حوالة
A legal term signifying the removal or transfer of a debt by way of security or corroboration from that of the original debtor to that person to whom it is transferred. (Hidayah, vol. ii, p. 606.)
A legal term signifying the removal or transfer of a debt by way of security or corroboration from that of the original debtor to that person to whom it is transferred. (Hidayah, vol. ii, p. 606.)
Based on Hughes, Dictionary of Islam
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