Ready to play
Ready to play
The Egyptian Grand Mufti's Office clarified that a financially distressed debtor is not compelled to borrow again to settle their debt when its due date arrives, unless they have the ability to repay and willingly decide to do so, and provided no additional amount is imposed to avoid usury. If the debtor continues to default despite having the means to pay, creditors may request repayment or seek legal action, while emphasizing the importance of giving the debtor time in accordance with Sharia law, which encourages easing the circumstances of those in financial hardship and avoiding additional financial burden.
Notice: This Is an AI-Generated Summary
Comments (0)