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MUQASSAH - Coggle Diagram
MUQASSAH
Definition
Al Dardir: The setting-offf a debt that is due to the debtor by a creditor who is at the same time indebtor to the debtor with certain conditions
Ibn al-Qayyim: The clearance of a debt which is due, with a debt similar in nature and character
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Legality
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Hadith: 'There is no harm to do so if the exchange is carried out according to the exchange rates of that day, and as long as you part without any debts between you' (al-Nasa'i, hadith no 4593)