The Difference Between Qardh and a Dayn

Question

Is there a difference between Qardh and a Dayn?

Answer

The difference between a Qardh and a Dayn is that Dayn is more comprehensive while Qardh is more specific. Hereunder are their definitions: 

  • Qardh: Loan of Mithli articles (such as money) with the stipulation to return its like in the future. 
  • Dayn: Money etc. that one is liable to pay back to another. For example: the price one has to pay upon purchasing an item or the amount one has to pay upon destroying an item belonging to someone or a loan that has to be repaid.

Checked and Approved By:

Mufti Muhammed Saeed Motara Saheb D.B.

References

«رد المحتار» ٧/٥ ١٥ سعيد 

«در المختار» ٥\١٦١ سعيد 

««رد المحتار» ٥١٤/٤ سعيد 

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