Jurisprudence facilities in the provisions of faltering debt offset at Islamic banks

Abstract

The circumstances and difficulties that exist in this era in the practices of financial institutions are not hidden. Especially in cases of defaulting on debt repayments; on the grounds of insolvency, procrastination, and the importance of collecting debts, and performing them with complete accuracy on time; One of the reasons for the success of the banking business, protecting its path from stumbling, and pushing it for effective development.

It was necessary to devise appropriate methods; Sharia-compliant, and of superior economic efficiency; to recover debts, they are viable alternatives; It preserves the rights of dealers, and ensures that damages are lifted from banks and customers, such as understanding with the customer to arrange a legitimate religious schedule, exit and fraternal reconciliation; Either for cash, or selling debt for debt in its permissible forms, or legitimate paperwork, or compensation for debt; By making it the capital of peace.

and a statement of alternatives and jurisprudential solutions, in their highest form, according to a viable economic vision; capable of development; Away from the method of debt scheduling by increase, and the heart of debt in its forbidden forms.