If a person is owed by someone a commodity that is neither weighed nor measured, he can sell it to the borrower or someone else for a lower price and take the sum immediately. Therefore, in present times, a lender can take a cheque or promissory note from the borrower and sell it to a bank or another person for less than what he is owed – which is commonly known as ‘cheque cashing’ – and he can take the sum immediately.
[1] In an immediate exchange transaction, there is no lapse of time between the buyer paying for the item and receiving it. [2] As mentioned in Ruling 6, the term ‘problematic’ (maḥall al‑ishkāl) amounts to saying the ruling is based on obligatory precaution. CHAPTER TWENTY-ONE » Transfer of Debt (Ḥawālah) CHAPTER NINETEEN » Agency (Wikālah) العربية فارسی اردو English Azərbaycan Türkçe Français