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Ar rahnu
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Ar-Rahnu Literal meaning : From the Arabic term Rahn means constancy, holding and bindingness.Technical meaning: Possessions offered as security for a debt so that the debt will be taken from it in case the debtor failed to pay back the due money.Pawnbroker definition is a dealer licensed to lend money at a specified rate of interest on the security of movable personal property which can be sold if the loan is not repaid within a specified period.
Legality ( The sources of ruling)1. Al Quran Provided by the verse If you are on a journey and cannot find a scribe, then use the receipt of pawned objects (Al Baqarah :283)Based on the verse, most jurist agreed that taking pawned pbjects is permissible both at home and while travelling.2. Al SunnahProvided b the Hadith narrated by Al-Bukhari that The prophet (pbuh) bought some food from a Jew and he pawned his iron shield with him.Another Hadith, Anas r.a said The Prophet (pbuh) pawned a shield with a Jew in Madinah and he took from him some barley for his family
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